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. We estimate the model using a 12-year panel of individual tax returns collected by the Internal Revenue Service. The …
Persistent link: https://www.econbiz.de/10014199557
a panel data context. Specifically, we extend the standard latent class tobit panel approach to include random effects …. Our findings, which are based on U.S. panel data drawn from five waves of the Panel Study of Income Dynamics, do suggest …
Persistent link: https://www.econbiz.de/10014157736
of factor jumps. Such jump dependence is implied by standard linear factor models. Our inference is based on a panel of … restriction on the relative magnitude of these two dimensions of the panel. The test is formed from the high‐frequency returns at …
Persistent link: https://www.econbiz.de/10012042424
Although it is not a new phenomenon, in recent years inequality has moved to the top of the political agenda given the concern that will result in political instability and social resentment. Persistence in inequality can further undermine economic growth and development by hindering educational...
Persistent link: https://www.econbiz.de/10012132740
Although it is not a new phenomenon, in recent years inequality has moved to the top of the political agenda given the concern that will result in political instability and social resentment. Persistence in inequality can further undermine economic growth and development by hindering educational...
Persistent link: https://www.econbiz.de/10012150669
Persistent link: https://www.econbiz.de/10011708007
Persistent link: https://www.econbiz.de/10011712426
Digitalisation can be described as a sequence of technology and supply shocks which affect the economy through employment and labour markets, productivity and output, and competition and market structure. This paper focuses on how digitalisation - the process of diffusion of digital technologies...
Persistent link: https://www.econbiz.de/10013271092
Digitalisation may be viewed as a sequence of supply and technology shocks affecting the economy through productivity and output, employment and labour markets, competition and market structure. This paper focuses on the effects of digitalisation on economic growth, and how those effects may be...
Persistent link: https://www.econbiz.de/10013375211