Showing 1 - 10 of 17
The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test … requirements are detrimental to entrepreneurship. Second, we test whether corruption reduces the negative impact of regulations on … that corruption is beneficial in highly regulated economies. At the maximum level of regulation among our sample of …
Persistent link: https://www.econbiz.de/10014050262
that hard work rather than luck, birth, connections, and corruption determine wealth. In this way, the Janus face of …
Persistent link: https://www.econbiz.de/10013071181
have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …
Persistent link: https://www.econbiz.de/10013099915
This paper assesses the probability method for quantifying EU consumer survey data on perceived and expected inflation. Based on household level data from the Swedish consumer survey that asks for both qualitative and quantitative responses, it is found that the theoretical assumptions of the...
Persistent link: https://www.econbiz.de/10013152221
Knightian Uncertainty represents a situation in which it is no longer possible to form expectations about future events. We propose the first method to directly measure Knightian Uncertainty. Our approach relies on firm-level data and measures the share of firms that are not able to formalize...
Persistent link: https://www.econbiz.de/10012849172
the countries' authorities, openness, and transparency, consistently with the theory …
Persistent link: https://www.econbiz.de/10013316394
In this paper we extend the targeted-regressor approach suggested in Bai and Ng (2008) for variables sampled at the same frequency to mixed-frequency data. Our MIDASSO approach is a combination of the unrestricted MIxed-frequency DAta-Sampling approach (U-MIDAS) (see Foroni et al., 2015; Castle et...
Persistent link: https://www.econbiz.de/10013026705
We propose a Bayesian optimal filtering setup for improving out-of-sample forecasting performance when using volatile high frequency data with long lag structure for forecasting low-frequency data. We test this setup by using real-time Swiss construction investment and construction permit data....
Persistent link: https://www.econbiz.de/10012988484
timeseriesdb is an R package which suggests a PostgreSQL database structure to store time series alongside extensive multi-lingual meta information and provides an R database interface including a web based GUI. The timeseriesdb package was designed to handle time series in establishment...
Persistent link: https://www.econbiz.de/10013021157
There is a growing interest in studying the disagreement of economic agents. Most studies, however, focus on the disagreement regarding one specific variable, hereby neglecting that disagreement may be co-moving with disagreement on other variables. In this paper we explore to which extent...
Persistent link: https://www.econbiz.de/10013023852