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Dynamics of Labour and Capital Adjustment - A Comparison of Germany and the Netherlands

Polder, Michael; Verick, Sher - Institute for the Study of Labor (IZA) - 2004

In this paper we investigate the dynamic adjustment of labour and capital in German and Dutch firms. The Dutch labour market is characterised by greater flexibility in wages and work arrangements in comparison to Germany. These institutional differences imply that employment dynamics in the two...

Persistent link: https://www.econbiz.de/10005703624

How to Overcome the Digital Divide? The Determinants of Internet Diffusion

Shchetinin, Oleg; Baptiste, Massenot - Volkswirtschaftliche Fakultät, … - 2008

more countries and years than the earlier studies ii) We use the GMM estimator which requires milder assumptions to be …

Persistent link: https://www.econbiz.de/10005621938

Finance, uncertainty and investment: assessing the gains and losses of a generalized non linear structural approach using Belgian panel data

Gérard, Marcel; Verschueren, Frédéric - 2002

Using panel data for 2,329 Belgian firms observed between 1985 and 1999, this paper aims at getting a better understanding of Belgian firms' investment behavior. Two main and interrelated topics are investigated: the link between financial structure and investment decision, on the one hand, the...

Persistent link: https://www.econbiz.de/10011506548

A comparison of dynamic panel data estimators : Monte Carlo evidence and an application to the investment function

Behr, Andreas - 2003

sample properties of the GMM-methods. In the case of endogenous predetermined regressors, the system-estimator proposed by … Blundell and Bond is unbiased and most efficient, while direct bias corrected estimators perform similar to the GMM … die bekannt günstigen Eigenschaften von GMM-Schätzern bei großer Beobachtungszahl wider. Im Falle endogener …

Persistent link: https://www.econbiz.de/10011431996

What is the investment loss due to uncertainty?

Panagiōtidēs, Theodōros; Printzis, Panagiotis - Leibniz-Institut für Ost- und Südosteuropaforschung - 2019

uncertainty. The investment performance of 14 sectors is examined within a dynamic investment model. Robust GMM estimates of the …

Persistent link: https://www.econbiz.de/10012060122

On GMM estimation of linear dynamic panel data models

Fritsch, Markus - 2019

. Estimation and inference can, however, be carried out with the generalized method of moments (GMM) by suitably aggregating … the GMM estimator. …

Persistent link: https://www.econbiz.de/10012104777

The demand for directors' and officers' liability insurance by US public companies

Kaltchev, George D. - 2004

This paper uses a unique US dataset to analyze the demand for Directors' and Officers' liability insurance. This insurance protects managers mostly from shareholder litigation. Corporate insurance presents a much different environment than individual insurance and calls for in-depth empirical...

Persistent link: https://www.econbiz.de/10011568692

Market power, scale economies and productivity : estimates from a panel of establishment data

Klette, Tor Jakob - 1998

This paper presents a somewhat new econometric framework that permits simultaneous estimation of price-cost margins, scale economies and productivity from a panel of establishment data. The econometric model contains only a few, economically interesting parameters to be estimated, but it is...

Persistent link: https://www.econbiz.de/10011518864

A bias-corrected method of moments approach to estimation of dynamic Short-T panels

Chudik, Alexander; Pesaran, M. Hashem - 2017

This paper contributes to the GMM literature by introducing the idea of self-instrumenting target variables instead of …¤erent experimental designs and sample sizes, including in the case of experiments where the system GMM estimators are inconsistent. We …

Persistent link: https://www.econbiz.de/10011735967

The role of economic freedom in the relationship between foreign direct investment and economic growth : evidence from former socialist countries

Shokhrukh, Ochilov; Ikboljon, Kasimov; Zamon, Xaldarov - In: Journal of economic integration : jei 38 (2023) 2, pp. 322-334

Persistent link: https://www.econbiz.de/10014307238