Showing 1 - 10 of 622
Can limited government be a driving force of economic development? This idea goes back to Montesquieu, and is closely related to recent research in institutional economics. Measuring limited government with the Henisz political constraints index, and economic development with income per capita,...
Persistent link: https://www.econbiz.de/10009959079
In der Politik sind wie im Geschäftsleben oft riskante beziehungsweise gefährliche Entscheidungen zu treffen, bei denen die Ergebnisse nur schwer oder gar nicht prognostizierbar sind. Da Menschen in ihren Einstellungen gegenüber Risiken und Gefahren variieren, ist es vernünftig, dass in...
Persistent link: https://www.econbiz.de/10010097937
Mit den Daten des Sozio-oekonomischen Panels (SOEP) kann der statistische Zusammenhang zwischen der Neigung von Personen zu politischen Parteien sowie deren Einkommen und Vermögen untersucht werden. Dabei zeigt sich, dass Besserverdiener und Wohlhabende zur Union und zur FDP neigen, aber auch...
Persistent link: https://www.econbiz.de/10010185915
procedure ; cointegration ; quasi-maximum-likelihood estimation ; index-tracking …
Persistent link: https://www.econbiz.de/10009958479
Even though a random walk process is from a statistical point of view not predictable, some movements can be correlated with specific events concerning other variables. Then, predictable patterns may arise being dependent on this joint event. There is evidence given that equity price busts being...
Persistent link: https://www.econbiz.de/10009958483
This paper studies long-term trends of self-employment in Chile. Self-employment is associated with poor job conditions …, vulnerability, and instability or informal labor market. Contrary to what is expected, self- employment level does not respond to … macroeconomic variables. Using forty-one cross sections of the longest Employment Survey available, we show that there is little …
Persistent link: https://www.econbiz.de/10009959080
investments in metallurgical sector companies. The paper presents how to construct the model, various methods of its estimation … method of the Value at Risk estimation. The analysis was made by comparing individual metallurgical companies to the Warsaw …
Persistent link: https://www.econbiz.de/10009959707
This contribution studies the application of heteroskedasticity robust estimation of Vector-Autoregressive (VAR) models … ; heteroskedasticity robust estimation ; non-parametric approach ; stock market data …
Persistent link: https://www.econbiz.de/10010079546
I/O models have been widely used to assess the impacts of many changes in an economy. An I/O model is also an important tool to make forecasts and the results from an I/O model are very helpful in many policy-making processes. Many scientific findings in economics have to give credit to the I/O...
Persistent link: https://www.econbiz.de/10010079553
Uncovered interest rate parity (UIRP) provides a crucial theoretical concept for many models in international finance and international monetary economics. Using quarterly data span from 1998Q1 to 2010Q3, we run conventional regressions (OLS) and simple GARCH analysis on UIRP for the case of...
Persistent link: https://www.econbiz.de/10010009075