This appendix shows the use of basic statistical inference tools. The chapter is divided in three main sections: hypothesis testing, confidence intervals and regression analysis. The aim is to offer the basic requirements needed for the reader of “Aplicaciones en Economía y Ciencias Sociales...

This chapter studies the effect of short- and long-run shocks on the Mexican GDP. The authors fit a structural VAR model using the Blanchard and Quah decomposition for a bivariate model to analyze the impact of supply and demand shocks on GDP and prices. The svar command allows the estimation of...

Aplicaciones en Economía y Ciencias Sociales con Stata is the first publication in Spanish produced by Stata Press. The content is the result of a selection of individual contributions by a diverse group of authors with different areas of knowledge, who illustrate the use of a variety of tools...

While the Generalized Error Distribution (GED) has been used quite extensively in time series applications and has demonstrated a sound flexibility in the estimation process, there is so far no attempt to use this function in the construction of Copulas. Copulas are probability functions that...

Because of large economic and environmental asymmetries among world regions and the incentive to free ride, an international climate Regime with broad participation is hard to reach. Most of the so far proposed Regimes base on an allocation of emission rights that is to be perceived as fair....

In this paper we emphasize the role of institutions in economic analysis. We describe and compare different institutional classifications systems, which is rarely done in the literature, and show how to operationalize institutional classification based on the subject category, as the most...

We find evidences of significant volatility co-movements and/ or spillover from different financial markets to forex market for Indian economy. Among a large number of variables examined, volatility spillovers from stock market, government securities market, overnight index swap, Ted spread and...

In this paper we analyze theoretically and empirically the impact of an increase in income inequality on the current account balance. We develop a model with consumption externalities and heterogeneous agents which explains how an increase in income inequality can affect negatively or positively...

This paper examines institutional determinants of bilateral trade in a thorough fashion, paying special attention to the issues of selecting institutional measures (using a new dataset), institutional endogeneity (cleansing the endogenous part) and state of the art gravity trade estimations...

Since the year 2000, innovation and the path towards a “knowledge-based” economy have become prominent concepts in the European policy sphere. Although fostered by the goal of the innovationoriented Lisbon Strategy, it remains questionable in how far the situation of being the “most...