Showing 1 - 10 of 337
Persistent link: https://www.econbiz.de/10001365260
, misspecifies the relationship between education and the stock of human capital. Based on human capital theory, the specification of … of education. Cross-country differences in qualityadjusted human capital can account for about half the world …
Persistent link: https://www.econbiz.de/10011473489
Persistent link: https://www.econbiz.de/10001565895
Persistent link: https://www.econbiz.de/10001539714
Persistent link: https://www.econbiz.de/10001825664
Persistent link: https://www.econbiz.de/10001725785
Noting that many economic variables display occasional shifts in their second order moments, we investigate the performance of homogenous panel unit root tests in the presence of permanent volatility shifts. It is shown that in this case, panel unit root tests derived under time invariant...
Persistent link: https://www.econbiz.de/10003887238
Persistent link: https://www.econbiz.de/10009667174
Empirical study of causality between inflation, inflation uncertainty and other macroeconomicy quantities. Additionally, the issue of how to measure the unobservable inflation uncertainty is addressed.
Persistent link: https://www.econbiz.de/10009671994
have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version … transitions ; democracy ; autocracy ; IMF ; World Bank …
Persistent link: https://www.econbiz.de/10009629705