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SEMIFAR Models, with Applications to Commodities, Exchange Rates and the Volatility of Stock Market Indices

Beran, Jan; Feng, Yuanhua; Franke, Günter; Hess, Dieter; … - 1999

The distinction between stationarity, difference stationarity, deterministic trends as well as between short- and long-range dependence has a major impact on statistical conclusions, such as confidence intervals for population quantities or point and interval forecasts. In this paper, recent...

Persistent link: https://www.econbiz.de/10010324055

SEMIFAR Forecasts, with Applications to Foreign Exchange Rates

Beran, Jan; Ocker, Dirk - 1999

SEMIFAR models introduced in Beran (1999) provide a semiparametric modelling framework that enables the data analyst to separate deterministic and stochastic trends as well as short- and long-memory components in an observed time series. A correct distinction between these components, and in...

Persistent link: https://www.econbiz.de/10010324082

Growth, Inequality and Well-Being: Comparisons across Space and Time

Grün, Carola; Klasen, Stephan - 2003

We use several well-being measures that combine average income with a measure of inequality to undertake international, intertemporal, and global comparisons of well-being. The conclusions emerging from the analysis are that our well-being measures drastically change our impression of levels of...

Persistent link: https://www.econbiz.de/10010324182

Growth, Inequality, and Well-Being: Intertemporal and Global Comparisons

Grün, Carola; Klasen, Stephan - 2003

. Our global analysis covering ca. 81 per cent of the world's population demonstrates that global well-being is at least 50 … per cent smaller than world per capita income if the unequal income distribution is also factored in. Conversely, growth … in world well-being has been larger than world income growth between 1970-1998. Since the inclusion of inequality has an …

Persistent link: https://www.econbiz.de/10010324183

Does aging influence sectoral employment shares? Evidence from panel data

Thießen, Ulrich; Kholodilin, Konstantin Arkadievich; … - 2008

In this study, we investigate whether population aging influences employment shares in different economic sectors. To this end, we employ dynamic panel data analysis. Our unbalanced data set comprises 54 countries and extends to a maximum time period from 1970 till 2004. Our results suggest that...

Persistent link: https://www.econbiz.de/10010324260

The impact of financial openness on the size of utility-enhancing government

Erauskin, Iñaki - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-38, pp. 1-56

In this paper, we employ a portfolio approach based on a two-country world to study the impact of financial openness on …

Persistent link: https://www.econbiz.de/10010324295

International mobility of the highly skilled: Brain gain, brain drain or brain exchange

Straubhaar, Thomas - 2000

USA attracts highly skilled people from all over the world because of a number of natural as well as artificial benefits …

Persistent link: https://www.econbiz.de/10010324315

A Framework for Fragmentation

Jones, Ronald W. - 2000

The word fragmentation refers to a splitting up of a verticallyintegrated production process such that the separatefragments can be traded on markets. This paper is concerned withinternational fragmentation, generally allowing gainsfrom a finer division of labor based on comparative advantage...

Persistent link: https://www.econbiz.de/10010324388

Globalisation and Nature Policy: An Integrated Environmental-Economic Framework

van der Heide, C. Martijn; van den Bergh, Jeroen C.J.M.; … - 1999

The search for a framework to study globalisation, economics and ecology for nature conservation andbiodiversity protection requires the integration of concepts, theories and models from economics andecology. This allows for the study of interactions between economic and ecological processes,...

Persistent link: https://www.econbiz.de/10010324395

Factors influencing the Composition of the Urban Transport System in the Year 2030 - A Panel Analysis of Experts' Opinions

Gorter, Cees; Rienstra, Sytze A. - 1997

The future sustainability of the urban transport system is largely determined by the technological composition of and measures introduced in the system. This composition is dependent on many background factors. This paper investigates this relationship by means of a panel analysis of experts'...

Persistent link: https://www.econbiz.de/10010324405