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real exchange rates in panel frameworks. One weakness of such tests, however, is that they fail to inform the researcher as … a small number of real exchange rates in a given panel may drive the results. In this paper we examine the PPP … when applied to a set of established panel-unit-root tests, allows the identification of the real exchange rates that are …
Persistent link: https://www.econbiz.de/10003740322
This paper builds up a simple New Keynesian model and revisits the relationship between unemployment and in ation in the long-run. It finds that when the labor market is affected by downward nominal wage rigidity, this relationship goes beyond the tradeoff between the first moments of...
Persistent link: https://www.econbiz.de/10012429726
behaviour. We employ panel estimation method with a pooled mean group estimator. The results do confirm the thesis that foreign …
Persistent link: https://www.econbiz.de/10011702752
TWFE panel data Difference-in-Differences (DID) model to define the correct statistical framework of the study, and to …
Persistent link: https://www.econbiz.de/10014563801
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1987 to 2015, we have estimated panel data models by distinguishing between low and high levels of income inequality …
Persistent link: https://www.econbiz.de/10012510015
To what extent have national fiscal policies contributed to the decarbonisation of newly sold passenger cars? We construct a simple model that generates predictions regarding the effect of fiscal policies on average CO2 emissions of new cars, and then test the model empirically. Our empirical...
Persistent link: https://www.econbiz.de/10010508510
Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry …
Persistent link: https://www.econbiz.de/10009687266