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Stability tests for cointegrating coefficients are known to have very low power with small to medium sample sizes. In this paper we propose to solve this problem by extending the tests to dependent cointegrated panels through the stationary bootstrap. Simulation evidence shows that the proposed...
Persistent link: https://www.econbiz.de/10010295247
use robo-advisory services, including their financial behaviour and investments. The methodology of the article involves … change the amount of their expenses. Most of the surveyed people increased their savings during the pandemic. Poles more …
Persistent link: https://www.econbiz.de/10013466315
Capital markets facilitate capital growth by mobilizing savings and converting them into investments, and they are … therefore a stimulant of economic growth. There is evidence that countries with high savings rates tend to grow faster. Although … to incentivize investments; developing and implementing focused policies to support the growth of micro, small and medium …
Persistent link: https://www.econbiz.de/10014322590
savings, investments and debts by couple members, and how these vary by individual and household characteristics. A particular …
Persistent link: https://www.econbiz.de/10010288971
savings into investments would prove very useful. Savings of people should be the most important investment resource for the … private savings that affect the domestic investments significantly. The most of the savings are made when they are fully …This article aims to analyze the possibilities of the accumulation and mobilization of savings and their role in the …
Persistent link: https://www.econbiz.de/10010289436
in China and the USA, in particular, the role of national patterns of savings, investment and consumption (both private … macroeconomic policy categories, especially the overall pattern of savings (household, firm and government), investment and … of the USA encourages consumption and a low rate of savings. The opposite is true of China where household income is low …
Persistent link: https://www.econbiz.de/10015413490
Stability tests for cointegrating coefficients are known to have very low power with small to medium sample sizes. In this paper we propose to solve this problem by extending the tests to dependent cointegrated panels through the stationary bootstrap. Simulation evidence shows that the proposed...
Persistent link: https://www.econbiz.de/10010295297
This study investigates the determinants of the trade balance in West African and Monetary Union (WAEMU) over the period 1975-2017. We employ the Mean Group (MG) estimator along with the grouped mean version of Dynamic OLS (DOLS) and Fully Modified OLS (FMOLS) to deal with both endogeneity and...
Persistent link: https://www.econbiz.de/10014001388
This study examines the dynamic nexus betwixt oil prices, twenty-two world agricultural commodity prices and given the evolution of the relative strength of the US dollar in a panel setting. We use panel cointegration and Panel Granger causality methods for a panel of twenty-two agricultural...
Persistent link: https://www.econbiz.de/10014494497
Several studies have examined the long-run effects of public and private R&D on TFP with mixed results. A common feature of these studies is that they measure public and private R&D activity using perpetual inventory stocks of public and private R&D capital, constructed under the assumption that...
Persistent link: https://www.econbiz.de/10014501729