Showing 1 - 10 of 74
This paper describes and applies econometric strategies for estimating regression models of economic share data … inference about regression models describing the multivariate share data. Some issues involving outcome aggregation …/ disaggregation are considered, as is a full likelihood estimation approach based on Dirichlet-multinomial models. The paper …
Persistent link: https://www.econbiz.de/10013138354
Many nonmarket valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a …
Persistent link: https://www.econbiz.de/10013124237
In an 80-country panel since the 1960s, the convergence rate for per capita GDP is around 1.7% per year. This "beta convergence" is conditional on an array of explanatory variables that hold constant countries' long-run characteristics. The introduction of country fixed effects generates a much...
Persistent link: https://www.econbiz.de/10013101830
We revisit the minimum wage-employment debate, which is as old as the Department of Labor. In particular, we assess new studies claiming that the standard panel data approach used in much of the "new minimum wage research" is flawed because it fails to account for spatial heterogeneity. These...
Persistent link: https://www.econbiz.de/10013088692
Using data from 57 countries spanning more than three decades, this paper investigates the effectiveness of nine non-interest rate policy tools, including macroprudential measures, in stabilizing house prices and housing credit. In conventional panel regressions, housing credit growth is...
Persistent link: https://www.econbiz.de/10013071797
We construct representative firm-level longitudinal data for twenty-seven European countries using financial statements from the Orbis global database, providing a “how-to” guide on the construction. We validate our dataset by comparing its aggregate coverage to official statistics and...
Persistent link: https://www.econbiz.de/10013015543
We study the consequences of protectionism for macroeconomic fluctuations. First, using high-frequency trade policy data, we present fresh evidence on the dynamic effects of temporary trade barriers. Estimates from country-level and panel VARs show that protectionism acts as a supply shock,...
Persistent link: https://www.econbiz.de/10012926407
measure tax influences on FDI more precisely and allow us to focus on structural models of subsidiaries' investment decision … decisions. Tax parameters influence FDI in precisely the way indicated by neoclassical models. Our results also lend support to …
Persistent link: https://www.econbiz.de/10013155967
We use dynamic panel data models to generate density forecasts for daily Covid-19 infections for a panel of countries …
Persistent link: https://www.econbiz.de/10012833111
We study quot;habituationquot; to income and to status using individual panel data on the happiness of 7,812 people living in Germany from 1984 to 2000. Specifically, we estimate a quot;happiness equationquot; defined over several lags of income and status and compare the long run effects. We...
Persistent link: https://www.econbiz.de/10012776806