We apply wavelet analysis to compare the relationship between simple sum and Divisa monetary aggregates with real GDP and CPI infl ation for the U.S. using data from 1967 to 2013. Wavelet analysis allows to account for variations in the relationships both across the frequency spectrum and across...

The role of ICT accessibility in enhancing regional innovation through knowledge and information exchange is a recently popular and controversial topic in regional science. Opposing views exist, related to the bigger or lesser importance of geographical proximity in knowledge exchange in an age...

We use a novel disaggregate sectoral euro area dataset with a regional breakdown that allows explicit estimation of the sectoral component of price changes (rather than interpreting the idiosyncratic component as sectoral as done in other papers). Employing a new method to extract factors from...

The term urban sprawl is often used to describe apparent inefficiencies of spatial development, including disproportionate growth of urban areas and excessive leapfrog development. In Switzerland, where open space is a scare resource, sprawl takes place all over the country. It goes at the...

In this paper I investigate the causal returns to education for different educational groups in Germany. I circumvent potential drawbacks of IV by employing a new method by Klein and Vella (2010). In this approach identification is not based on instruments but on the presence of...

As a consequence of asset purchases by the European Central Bank (ECB), longer- term yields in the euro area decline, and spreads between euro area long-term yields narrow. To assess spillovers of these recent financial developments, we use a Bayesian variant of the global vector autoregressive...

The performance of a firm is influenced by decisions made by the firm itself as well as factors external to it. Firm competencies are important but also competencies that pertain to territories. External factors encompass different aspects of the environmental context in which firms operate,...

HEIs have continuously been the vanguard of novel technologies, pushing progress and establishing the afterward generation of scientists, businesspersons, and engineers. Virtual and augmented reality technologies are on the borderline of enlargement nowadays. To better understand who are...

ORBIS is a global database and financial analysis tool offering company statements, ownership, rating and scores, news and intelligence. Global means the current coverage exceeds 165 million entities which most of them are private companies. However also listed companies, banks (over 35.000),...

Text classification is an essential work in text mining and information retrieval. There are a lot of algorithms developed aiming to classify computational data and most of them are extended to classify textual data. We have used some of these algorithms to train the classifiers with part of our...