Showing 1 - 10 of 9,071
parameter estimation and consistent model selection. Consistency in parameter estimation is achieved by using the tansformation … consistent estimation of the autoregressive coefficient when the wrong set of exogenous regressors are included. To estimate our …. -- dynamic panel data model with fixed effect ; incidental parameter problem ; consistency in estimation ; model selection …
Persistent link: https://www.econbiz.de/10003817214
Persistent link: https://www.econbiz.de/10011562548
Persistent link: https://www.econbiz.de/10010504747
Persistent link: https://www.econbiz.de/10012795643
-varying parameter models that incorporate both stochastic volatility and a Heckman-type two-step estimation procedure that deals with …
Persistent link: https://www.econbiz.de/10011823990
Regression analyses of cross-country economic growth data are complicated by two main forms of model uncertainty: the uncertainty in selecting explanatory variables and the uncertainty in specifying the functional form of the regression function. Most discussions in the literature address these...
Persistent link: https://www.econbiz.de/10011382708
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012219127
This study examines the asymmetry between capital flows and economic growth in 42 countries for the period 1990-2017. It further argues that uncertainty is an important channel through which asymmetry operates. As such, the three measures of uncertainty are macroeconomic, fiscal and...
Persistent link: https://www.econbiz.de/10012058445
This study examines the asymmetry between capital flows and economic growth in 42 countries for the period 1990-2017. It further argues that uncertainty is an important channel through which asymmetry operates. As such, the three measures of uncertainty are macroeconomic, fiscal and...
Persistent link: https://www.econbiz.de/10012864249
domestic product (GDP) growth of Pakistan and remain robust. Our results are robust across sub-periods, risk regimes, and under …
Persistent link: https://www.econbiz.de/10011853557