Narrow search
Showing 1 - 10 of 485
Cover Image
Factor Mobility, Government Debt and the Decline in Public Investment
Heinemann, Friedrich - 2002
This paper tries to explain the declining level of public investment in OECD countries. The theoretical framework hints to the relevance of a number of demand and supply factors – ranging from the yield of public investment to institutions like the EU deficit limits. The econometric results...
Persistent link: https://www.econbiz.de/10010298102
Cover Image
Exchange rate regimes and fiscal discipline in OECD countries
Heinemann, Friedrich - 1999
consideration, the impact of the exchange rate regime and a number of other variables on primary deficits is analysed in a panel … estimation for 20 OECD countries from 1970 onwards. The conclusion is that the exchange rate regime as such is not relevant for …
Persistent link: https://www.econbiz.de/10010297607
Cover Image
Public deficits and borrowing costs: the missing half of market discipline
Heinemann, Friedrich; Winschel, Viktor - 2001
be important determinants for public deficits. The econometric part tests these predictions for a panel of OECD countries …
Persistent link: https://www.econbiz.de/10010297752
Cover Image
Assessing the effects of a road surfacing cartel in Switzerland
Hüschelrath, Kai; Leheyda, Nina; Beschorner, Patrick … - 2009
The paper assesses the impact of the detection of a hard-core cartel in the Swiss market for road surfacing on post-cartel competition. In addition to an investigation of supply-side factors, demand-side factors, and market prices, the paper also derives estimates of the economic effects of the...
Persistent link: https://www.econbiz.de/10010299839
Cover Image
Panel Tests for Unit Roots in Hours Worked
Kappler, Marcus - 2006
. For these purposes, panel unit root tests are employed to improve power against univariate counterparts. Since cross … section correlation is a distinct feature of the underlying panel data, results are based on various second generation panel …
Persistent link: https://www.econbiz.de/10010297530
Cover Image
Continuous Training and Firm Productivity in Germany
Zwick, Thomas - 2002
This paper presents for the first time panel evidence on the productivity effects of training intensity and different … establishments as well as omitted variable bias. Using the waves 1997 – 2000 of the IAB establishment panel, it is found that when …
Persistent link: https://www.econbiz.de/10010297923
Cover Image
The labour share of income: Heterogeneous causes for parallel movements?
Hogrefe, Jan; Kappler, Marcus - 2010
as well as pooled mean group and mean group estimators, the latter in a dynamic heterogeneous panel framework. We find … support for a dynamic estimation setup and derive statements regarding the homogeneity assumption with respect to the three …
Persistent link: https://www.econbiz.de/10010300382
Cover Image
Why do financial market experts misperceive future monetary policy decisions?
Schmidt, Sandra; Nautz, Dieter - 2010
panel random coefficient model, we show that financial experts have systematically misperceived the ECB's interest rate rule …
Persistent link: https://www.econbiz.de/10010300740
Cover Image
A Bayesian approach to determine the impact of institutions on the unemployment rate
Sachs, Andreas - 2010
problems, is overcome by adopting a Bayesian Model Averaging approach. I apply this method to a panel data set that covers 17 … applying an instrumental variable estimation approach. …
Persistent link: https://www.econbiz.de/10010301689
Cover Image
GPD-linked Bonds as a Financing Tool for Developing Countries and Emerging Markets
Schröder, Michael; Heinemann, Friedrich; Kruse, Susanne; … - 2004
The paper examines the applicability of GDP-linked bonds for the financing of developing countries and emerging markets. GDP-linked bonds are bonds of which the coupon and/or redemption payments are tied to the GDP of the issuing country. The study encompasses a detailed empirical analysis of...
Persistent link: https://www.econbiz.de/10010297388