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This paper elucidates the influence of stock market volatility on U.S. consumption using pooled mean group (PMG) estimation of 46 states over the period from 1998 to 2017. The findings confirm that the PMG estimates of the effect of stock market volatility on consumption are robust to the lag...
Persistent link: https://www.econbiz.de/10012661246
realized by the various migration streams. We present a simple but powerful decomposition methodology that uses panel data to …
Persistent link: https://www.econbiz.de/10011913694
This paper provides empirical results for internal migration and commuting flows using panel data for 89 economic … panel data analysis for four educational groups using seemingly unrelated regression (SUR) models, acknowledging that the …
Persistent link: https://www.econbiz.de/10012800726
estimate a panel data model where immigrants can choose whether to stay or leave a country. The model is estimated using the … German Socio-Economic Panel (GSOEP). Outmigrants are found to have significantly lower labor market earnings and work …
Persistent link: https://www.econbiz.de/10013319428
Persistent link: https://www.econbiz.de/10009423178
1 Introduction and Outline -- Part I: Internal Migration and the Labor Market -- 2 Panel VAR for Internal Migration …-Trade-FDI -- Part III: Growth, Factor and Final Demand -- 8 Dynamic Simultaneous Equations with Panel Data -- 9 Effects of Capital … the fields of spatial econometrics, panel time-series analysis and structural simultaneous equation modelling to analyse …
Persistent link: https://www.econbiz.de/10013522955
, hence, miss the important synergy among the three measures explicit in the life-cycle budget constraint. Using Panel Study …
Persistent link: https://www.econbiz.de/10011995764
The revolving credit available to consumers changes substantially over the business cycle, life cycle, and for individuals. We show that debt changes at the same time as credit, so credit utilization is remarkably stable. From ages 20–40, for example, credit card limits grow by more than 700...
Persistent link: https://www.econbiz.de/10012931109
, hence, miss the important synergy among the three measures explicit in the life-cycle budget constraint. Using Panel Study …
Persistent link: https://www.econbiz.de/10012872094
We study the mortgage cash flow channel of monetary policy transmission under fixed-rate mortgage (FRM) versus adjustable-rate mortgage (ARM) regimes by comparing the United States with primarily long-term FRMs and Spain with primarily ARMs that automatically reset annually. We find a robust...
Persistent link: https://www.econbiz.de/10012626226