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Inference for rank-rank regressions
Chetverikov, Denis N.; Wilhelm, Daniel - 2023
Slope coefficients in rank-rank regressions are popular measures of intergenerational mobility, for instance in regressions of a child's income rank on their parent's income rank. In this paper, we first point out that commonly used variance estimators such as the homoskedastic or robust...
Persistent link: https://www.econbiz.de/10014480485
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Ranking of Countries - The WEF, IMD, Fraser and Heritage Indices
Ochel, Wolfgang; Röhn, Oliver - In: CESifo DICE Report 04 (2006) 2, pp. 48-60
Persistent link: https://www.econbiz.de/10011696584
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What is infrastructure?
Buhr, Walter - 2003
After having pointed out the diverse uses of the term infrastructure in the literature on the market-economy, the different categories of infrastructure will be described. The argument in this context is that the classification of infrastructure suggested by Jochimsen has proved useful:...
Persistent link: https://www.econbiz.de/10010322069
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Looking at the other side of the coin: The relationship between classical growth and early development theories
Perälä, Maiju - 2003
This paper extends the history of thought narrative on Allyn Young to recognize the close relationship that the classical growth theory has with the early development theory, as Young’s externalities-fuelled, cumulative growth process influenced the theoretical thought of the early development...
Persistent link: https://www.econbiz.de/10010279213
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The impact of the socio-cultural structures of the Kambata, Ethiopia on their economic development: An interdisciplinary and cultures comparing approach to discuss the issue of eco...
Gebrewold, Belachew - 2002
In seiner Dissertation "The Impact of the Socio-Cultural Structures of the Kambata/Ethiopia on their Economic Development. An interdisciplinary and cultures comparing approach to discuss the issue of economic developement" beschäftigte sich Herr Gebrewold mit der Frage nach den sozialen und...
Persistent link: https://www.econbiz.de/10013480245
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Arthur Lewis' Contribution to Development Thinking and Policy
Ranis, Gustav - 2004
Arthur Lewis' seminal 1954 paper and its emphasis on dualism appeared at a time when neither the work of Keynes or Harrod-Domar nor the later neoclassical production function of Solow seemed relevant for developing countries. As a consequence, his model, rooted in the classical tradition, plus...
Persistent link: https://www.econbiz.de/10010369124
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The Evolution of Development Thinking: Theory and Policy
Ranis, Gustav - 2004
This paper makes an effort to trace the course of development thinking and associated development policy over the past six decades. Section I focuses on the early Post-War Consensus, with theory focused on extensions of classical dualism theory and policy concentrating on creating the...
Persistent link: https://www.econbiz.de/10010369187
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The human dimensions of the global development process in the early part of the 21st century: Critical trends and new challenges
Simai, Mihály - 2006
At the beginning of the twenty-first century there is a rare coincidence of profound transformations in a number of areas, in population dynamics, in human settlements, in science and technology, economics, social stratification, in the role and functions of the states and in the global power...
Persistent link: https://www.econbiz.de/10010284869
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Estimating LGD correlation
Witzany, Jiří - 2009
The paper proposes a new method to estimate correlation of account level Basle II Loss Given Default (LGD). The … correlation determines the probability distribution of portfolio level LGD in the context of a copula model which is used to … we apply the maximum likelihood method to estimate the best correlation parameter. The method is applied and analyzed on …
Persistent link: https://www.econbiz.de/10010322333
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Common influences, spillover and integration in Chinese stock markets
Weber, Enzo; Zhang, Yanqun - 2008
The Chinese stock market features an interesting history of divided market segments: domestic (A), foreigners' (B) and overseas (H). This puts forth questions of market integration as well as cross-divisional information transmission. We address these issues in a structural DCC framework, an...
Persistent link: https://www.econbiz.de/10010263757