Showing 1 - 10 of 17,798
We investigate the effect of uncertainty on investment. We employ a unique dataset of 25000 Greek firms' balance sheets for 14 years covering the period before and after the eurozone crisis. A dynamic factor model is employed to proxy uncertainty. The investment performance of 14 sectors is...
Persistent link: https://www.econbiz.de/10012060122
A representative consumer uses Bayes' law to learn about parameters of several models and to construct probabilities with which to perform ongoing model averaging. The arrival of signals induces the consumer to alter his posterior distribution over models and parameters. The consumer's...
Persistent link: https://www.econbiz.de/10011719071
Persistent link: https://www.econbiz.de/10013445628
panel data models with country-specific fixed effects in order to simultaneously address model uncertainty and endogeneity … issues. The empirical findings suggest that in a panel setting the most robust growth determinants are the price of …
Persistent link: https://www.econbiz.de/10013137102
We investigate the accuracy of ex ante assessments of vulnerability to poverty using cross-sectional data and panel … data. We use long-term panel data from Germany and apply different regression models, based on household covariates and … on cross-sectional data are much less accurate than those based on panel data, but for Germany, the accuracy of …
Persistent link: https://www.econbiz.de/10009671469
This paper investigates how to measure common market risk factors using newly proposed Panel Quantile Regression Model … particular Panel Quantile Regression Model for Returns consistently outperforms all the competitors in the 5% and 10% quantiles …
Persistent link: https://www.econbiz.de/10012948828
requires only panel data on consumption and income. Using the Panel Study of Income Dynamics, we find-in contrast to the …
Persistent link: https://www.econbiz.de/10013186823
Persistent link: https://www.econbiz.de/10011326763
Persistent link: https://www.econbiz.de/10002095275
Persistent link: https://www.econbiz.de/10013175755