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Aggregate savings and external imbalances in China
Yang, Dennis Tao - 2012
Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded 9 percent of GDP. The current paper presents a unified...
Persistent link: https://www.econbiz.de/10010289985
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Equipping immigrants: migration flows and capital movements
Lange, Fabian; Gollin, Douglas - 2007
Both policy makers and researchers have devoted considerable attention in recent years to the large current account and capital account imbalances among OECD countries. In particular, the size of the United States current account deficit has attracted intense attention and spawned numerous...
Persistent link: https://www.econbiz.de/10010268194
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Purchasing power parity for developing and developed countries: what can we learn from non-stationary panel data models?
Drine, Imed; Rault, Christophe - 2007
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004 …
Persistent link: https://www.econbiz.de/10010268121
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Trade and unemployment: what do the data say?
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - 2009
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross …-sectional data on a larger set of countries. The time structure of the panel data allows us to deal with endogeneity concerns …
Persistent link: https://www.econbiz.de/10010269047
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Health care expenditure and income in the OECD reconsidered: Evidence from panel data
Baltagi, Badi H.; Moscone, Francesco - 2010
This paper reconsiders the long-run economic relationship between health care expenditure and income using a panel of … cointegration properties between health care spending and income. This is done in a panel data context controlling for both cross … dependence. Heterogeneity is handled through fixed effects in a panel homogeneous model and through a panel heterogeneous model …
Persistent link: https://www.econbiz.de/10010269764
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Financial liberalization and the brain drain: A panel data analysis
Mitra, Aniruddha; Bang, James T.; Wunnava, Phanindra V. - 2011
This paper explores the impact of financial liberalization on the migration of high skilled labor from 46 countries to the OECD, taken at five year intervals over the period 1985-2000. Using an exploratory factor analysis, we are able to distinguish between two dimensions of financial...
Persistent link: https://www.econbiz.de/10010280660
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Minimum wages, labor market institutions, and female employment and unemployment: A cross-country analysis
Addison, John T.; Ozturk, Orgul Demet - 2010
by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among …
Persistent link: https://www.econbiz.de/10010274565
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A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal C. - 2011
consider a simple model in which the technology shifters are aggregated into one single index. The empirical model uses panel …
Persistent link: https://www.econbiz.de/10010280731
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Does the order and timing of active labor market programs matter?
Lechner, Michael; Wiehler, Stephan - 2007
This paper extends the traditional focus of active labor market policy evaluation from a static comparison of participation in a program versus nonparticipation (or participation in another program) to the evaluation of the effects of program sequences, i.e. multiple participation or timing of...
Persistent link: https://www.econbiz.de/10010268196
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A comparison of the poverty impact of transfers, taxes and market income across five OECD countries
Bibi, Sami; Duclos, Jean-Yves - 2008
This paper compares the poverty reduction impact of income sources, taxes and transfers across five OECD countries. Since the estimation of that impact can depend on the order in which the various income sources are introduced into the analysis, it is done by using the Shapley value. Estimates...
Persistent link: https://www.econbiz.de/10010269203