Showing 1 - 10 of 534
-Waugh-Lovell theorem and applies to ordinary least squares (OLS), two-stage least squares (TSLS) and generalized method of moments (GMM …
Persistent link: https://www.econbiz.de/10014612568
. A two-step generalized method of moments (GMM) estimator is used in estimating all results. GMM controls for unobserved …
Persistent link: https://www.econbiz.de/10014789020
Purpose The purpose of this study is to investigate the relationship between the debt and ownership structure of a sample of Italian-listed companies to measure the role assumed in the control and monitoring of agency costs. Design/methodology/approach This study examines a balanced panel data,...
Persistent link: https://www.econbiz.de/10014695389
The recent process of the transition to market systems in the Central European economies has had profound effects on both trade and domestic output. Two of the by‐products of the transition, the fall in the volume of intra‐COMECON trade as well as the deliberate tightening of the fiscal...
Persistent link: https://www.econbiz.de/10014713471
Purpose – In today's increasingly globalized world, foreign direct investment (FDI) is a hotbed for discussion. Numerous studies have been undertaken regarding FDI, its determinants and benefits, but very few works provide importance to the effect of political risk on the inflow of FDI. Some...
Persistent link: https://www.econbiz.de/10014864089
The improvement in performance of Chinese domestically owned industry in 1995 and 2001 is strongly linked to inward foreign direct investment. Rising foreign presence contributes towards the narrowing of the performance gap between foreign and locally owned enterprises in China. While investment...
Persistent link: https://www.econbiz.de/10014931776
Through the fast development and intensification of the large volume of data via the internet, visual analytics (VA) comes out with the intention of visualizing multidimensional data in different ways, which reveals interesting information about the data, making them clearer and more...
Persistent link: https://www.econbiz.de/10012046369
Principal Component Analysis (PCA) to build a financial inclusion index. Using 2SLS and the GMM regressions for a panel data of …
Persistent link: https://www.econbiz.de/10014585233
We extend and test two models of asset pricing that feature status-seeking through accumulation of not only financial and real assets but also human capital. We use weak-identification robust tests to confront these models with U.S. aggregate data. Contrary to previous results, we find that the...
Persistent link: https://www.econbiz.de/10014588412
Abstract This study investigates the impact of the economic crisis in the late 2000s and early 2010s on European inflation dynamics using a hybrid New-Keynesian Phillips Curve (NKPC) during three distinct periods. The pre-crisis period from 1999 through mid-2007, the crisis period until August...
Persistent link: https://www.econbiz.de/10014619368