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-category spillovers of economic policy uncertainty (EPU) and financial market volatility between the US and Japan. Our model includes … volatility index are typically more affected by EPU spillovers than the US VXO. Our results also reveal that, compared to within …-country spillovers, cross-country spillovers of EPU are relatively small and less volatile. Finally, we show that the direction of net …
Persistent link: https://www.econbiz.de/10011954997
policy categories are strong net transmitters of uncertainty spillovers (e.g. fiscal policy), while others show only a low … further reveals that the intensity and direction of spillovers change significantly over time. The total connectedness index …
Persistent link: https://www.econbiz.de/10011800304
We investigate the relationship between peers' abilities and educational outcomes at the end of high school using data from the rich Longitudinal Study of Young People in England (LSYPE) matched to the National Pupil Database of children in state schools in England. In particular, we focus on...
Persistent link: https://www.econbiz.de/10011444947
Skills shortage in the fields of Sciences, Technology, Engineering, and Mathematics (STEM) poses a significant challenge for industries globally. This study examines the interrelationship between high school students' gender, their proficiency in Information and Communication Technology (ICT),...
Persistent link: https://www.econbiz.de/10014325934
Building on the growing evidence on the importance of large data sets for empirical macroeconomic modeling, we estimate a large-scale FAVAR model for 18 OECD member countries. We quantify the global effects of economic policy uncertainty shocks and check whether the signs, the magnitude, and the...
Persistent link: https://www.econbiz.de/10011642100
Around 3 billion people in developing countries rely on woodfuels for their daily cooking needs with profound negative implications for their workload, health, and budget as well as the environment. Improved cookstove (ICS) technologies in many cases appear to be an obvious solution. Despite...
Persistent link: https://www.econbiz.de/10010420985
Around 3 billion people in developing countries rely on woodfuels for their daily cooking needs with profound negative implications for their workload, health, and budget as well as the environment. Improved cookstove (ICS) technologies in many cases appear to be an obvious solution. Despite...
Persistent link: https://www.econbiz.de/10010904079
In the context of international bargaining, standard models predict that a shift in military power can cause preventive war because it changes the relative bargaining position between states. We find that shifts in military power are not the only cause of war under commitment problems and that...
Persistent link: https://www.econbiz.de/10010292375
of democracies‘ signaling advantage which may turn out to be more realistic than the concept of audience costs. …
Persistent link: https://www.econbiz.de/10010327833
We use a field experiment to identify how differences in preferences and autonomy in decision-making result in low willingness-to-pay (WTP) for technologies that can benefit all members of the household. We create income earning opportunities to empower households and elicit their WTP for fuel,...
Persistent link: https://www.econbiz.de/10012321395