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This contribution analyzes bull and bear markets from 1954:1-2011:2 in the US-stock index S&P 500. Thereby, a 2-State-Markov-Switching model is applied to figure out bull and bear market regimes within the latter period, whereby the estimated state probabilities are used to estimate a dummy...
Persistent link: https://www.econbiz.de/10010286823
Cross-country estimations of the Environmental Kuznets Curve (EKC) to empirically analyze the relationship between income and pollution have generally assumed a common structure for all countries. Since this latter feature is not supported by economic theory, this paper uses the Random...
Persistent link: https://www.econbiz.de/10010289467
the two restrictions established in Spain during the crisis. To measure the impact of these bans, econometric linear … short sales implemented have not corrected the falls in quotations or the volatility. However, there is a significant …
Persistent link: https://www.econbiz.de/10014494505
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In this paper we examine the issue of asymmetry in the return and volatility spillover effects from the US equity … market into the Canadian and Mexican equity markets. We model the conditional volatility of the returns in each of the three … considerably from those for Mexico. In particular, the empirical results indicate that volatility spillover effects, but not return …
Persistent link: https://www.econbiz.de/10010295295
The aim of this paper is to analyse how female migrants fare in the Spanish labour market, a country that has experienced impressive immigration flows during the last decade. Particularly, we explore the differential access to employment and the earning gap faced by this group, considering the...
Persistent link: https://www.econbiz.de/10011538733
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects …
Persistent link: https://www.econbiz.de/10011994631
-lasting health, social and financial burdens. The aim of this project is to assess the efficiency of the antipsychotics used in Spain … people living in Spain with schizophrenia. The transition probabilities for assessed therapies were obtained from the … haloperidol in Spain. It is worthwhile to highlight that schizophrenia is a highly incapacitating disease and choosing the most …
Persistent link: https://www.econbiz.de/10010317175
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