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This paper develops a statistical model for measuring spatial interactions when estimating macroeconomic regimes and regime shifts. The model is applied to study the contagion and propagation of recessions in small regional economies in the United States from 1990 to 2015. The empirical analysis...
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This cumulative dissertation consists of five chapters. In terms of research content, my thesis can be divided into two parts. Part one examines local interactions and spillover effects between small regional governments using spatial econometric methods. The second part focuses on patterns...
Persistent link: https://www.econbiz.de/10012128747
The founding fathers of the Econometric Society defined econometrics to be quantitative economic theory. A vision of theirs was the use of econometrics to provide quantitative answers to business cycle questions. The realization of this dream required a number of advances in pure theory—in...
Persistent link: https://www.econbiz.de/10005367701
De la Fin des Annees Cinquante au Debut des Annees Soixante-Dix, la Question des Cycles Regionaux et Plus Particulierement le Cas du Quebec et de L'ontario a Fait L'objet de Plusieurs Etudes. le Consensus Empirique Obtenu Voulait Que les Fluctuations Economiques Quebecoises Soient Plus Marquees...
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This paper analyzes the controversy between Keynes and Tinbergen on econometric testing of business cycle theories. In his writings, Keynes repeatedly emphasizes a logical objection to Tinbergen s work. It is clarified what exactly this logical objection is, and why it matters for a statistical...
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