Showing 1 - 10 of 529
The rapid journey from central planning to EU (euro area) membership stress-tested the social learning processes of the Former Transition Economies (FTEs). The desire for a higher standard of living, to be anchored to the West, and to enter the EU, spurred major reform waves and led to the very...
Persistent link: https://www.econbiz.de/10014092625
rate stationarity for 25 countries. For robustness purpose, we have also used panel unit root tests without and with …
Persistent link: https://www.econbiz.de/10013002448
In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL 2005) identify two main directions for future research. One is to improve the measurement of diversity and the other to treat diversity as an endogenous variable. This paper tries...
Persistent link: https://www.econbiz.de/10013153312
-Economic Panel (SOEP). Our findings suggest that adolescents with music training have better cognitive skills and school grades and … adolescent's secondary school type. We provide evidence that our results are robust to both reverse causality and the existence …
Persistent link: https://www.econbiz.de/10013074170
Researchers are often interested in estimating the causal effect of some treatment on individual criminality. For example, two recent relatively prominent papers have attempted to estimate the respective direct effects of marriage and gang participation on individual criminal activity. One...
Persistent link: https://www.econbiz.de/10013155604
variables (IV) estimates with individual longitudinal data of the Socio-Economic Panel (SOEP, 33 waves) analyze anticipation and …
Persistent link: https://www.econbiz.de/10014083803
unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …
Persistent link: https://www.econbiz.de/10013009494
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004 …
Persistent link: https://www.econbiz.de/10013316947
The presence of cross-sectionally correlated error terms invalidates much inferential theory of panel data models … for stationary panel regressions with multifactor error structure. This paper extends this work and examines the important … cointegration properties of the unobserved factors. This finding is further supported for small samples via an extensive Monte Carlo …
Persistent link: https://www.econbiz.de/10013317495
(panel) data. By examining labor market transitions, earnings levels, and earnings growth and their correlates using a recent … panel data set for Serbia, this paper combines both of these issues. Estimation of gross transition probabilities reveals …
Persistent link: https://www.econbiz.de/10013117835