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House price forecasts in times of crisis: Do forecasters herd?
Pierdzioch, Christian; Rülke, Jan Christoph; … - 2012
We used Wall Street Journal survey data for the period 2006 - 2010 to analyze whether forecasts of house prices and housing starts provide evidence of (anti-)herding of forecasters. Forecasts are consistent with herding (anti-herding) of forecasters if forecasts are biased towards (away from)...
Persistent link: https://www.econbiz.de/10010309243
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Wages, rents, unemployment, and the quality of life
Wrede, Matthias - 2012
Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...
Persistent link: https://www.econbiz.de/10010309283
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The impact of corporate taxes on investment: An explanatory empirical analysis for interested practitioners
Dreßler, Daniel - 2012
The scientific literature provides evidence for an impact of company taxes on investments. Practitioners, however, have a skeptical view on the meaning of this effect. This paper builds the bridge between research and the interested practice by providing detailed descriptives and clearly showing...
Persistent link: https://www.econbiz.de/10010309286
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Disaggregate energy consumption and industrial output in Pakistan: An empirical analysis
Qazi, Ahmer Qasim; Ahmed, Khalid; Mudassar, Muhammad - 2012
The study concentrates on the relationship between disaggregate energy consumption and industrial output in Pakistan by utilizing the Johansen Method of Cointegration. The results confirm the positive effect of disaggregate energy consumption on industrial output. Furthermore, bidirectional...
Persistent link: https://www.econbiz.de/10010309300
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Evaluating the link between attendance and performance in higher education - the role of classroom engagement dimensions
Buechele, Stefan - 2020
Does attendance matter? This question is not only the title of several research papers on this topic but has still not been answered conclusively yet. In general, studies find positive but mostly weak correlations between attendance and performance. However, due to technological changes in...
Persistent link: https://www.econbiz.de/10012208396
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Editing and multiply imputing German establishment panel data to estimate stochastic production frontier models
Kölling, Arnd; Rässler, Susanne - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2004
when estimation of productivity is the task. To multiply impute the missing data a data augmentation algorithm based on a …
Persistent link: https://www.econbiz.de/10005537090
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Measuring overeducation with earnings frontiers and multiply imputed censored income data
Jensen, Uwe; Gartner, Hermann; Rässler, Susanne - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2006
estimation of earnings frontiers: the censoring of the income data, by multiple imputation. Then, we estimate individual …
Persistent link: https://www.econbiz.de/10005537119
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Vollbeschäftigungsannahme und Stille Reserve : eine Sensitivitätsanalyse für Westdeutschland
Fuchs, Johann; Weber, Brigitte - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2007
"Die Arbeit untersucht, wie stabil die Ergebnisse der jüngst vom Institut für Arbeitsmarkt- und Berufsforschung veröffentlichten Berechnungen zur Stillen Reserve für den Zeitraum von 1970 bis 2002 hinsichtlich der zentralen Modellannahme über die Höhe der Vollbeschäftigung sind. Dazu...
Persistent link: https://www.econbiz.de/10005537160
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Time-dependent versus State-dependent Pricing: A Panel Data Approach to the Determinants of Belgian Consumer Price Changes
Aucremanne, Luc; Dhyne, Emmanuel - 2005
statistically significant. This is particularly so for accumulated sectoral inflation since the last price change. Once … heterogeneity and the role of accumulated inflation are acknowledged, hazard functions become mildly upward-sloping, even in a low … inflation regime. The contribution of the state-dependent variables to the pseudo-R² of our equations is, however, not …
Persistent link: https://www.econbiz.de/10011506588
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Is there a difference between solicited and unsolicited bank ratings and if so, why?
Van Roy, Patrick - 2006
This paper analyses the effect of soliciting a rating on the rating outcome of banks. Using a sample of Asian banks rated by Fitch Ratings ("Fitch"), I find evidence that unsolicited ratings tend to be lower than solicited ones, after accounting for differences in observed bank characteristics....
Persistent link: https://www.econbiz.de/10011506601