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Ekberg, John; Salabasis, Mickael - 2001

artifact of the data rather than an accurate description of the world. …

Persistent link: https://www.econbiz.de/10010281193

Top incomes in Sweden over the twentieth century

Roine, Jesper; Waldenström, Daniel - 2005

This paper presents homogenous series of top income shares in Sweden from 1903 to 2003 using individual tax returns data. We find that Swedish top incomes have developed more similarly to the US, Canada and the UK than to other continental European countries when capital gains are included. The...

Persistent link: https://www.econbiz.de/10010281238

Error correction in DHSY

Eliasson, Ann-Charlotte; Teräsvirta, Timo - 2002

In this note, we consider the contradiction between the fact that the best fit for the UK consumption data in Davidson et al. (1978) is obtained using an equation with an intercept but without an error correction term, whereas the equation with error correction and without the intercept has...

Persistent link: https://www.econbiz.de/10010281257

Does sovereign risk differ for domestic and foreign investors? Historical evidence from Scandinavian bond markets

Waldenström, Daniel - 2005

traded at markets that abruptly went from integration to segmentation by capital controls and World War II. The results …

Persistent link: https://www.econbiz.de/10010281261

Protestantism and government spendig: A negative relationship? An empirical application to Swiss Cantons

Fischer, Justina A. V.; Schneider, Friedrich - 2007

jurisdictions. Using a panel of sub-federal expenditure in 26 Swiss cantons from 1980 to 1998 we find supporting evidence, observing …

Persistent link: https://www.econbiz.de/10010281342

(M)oral hazard?

Grönqvist, Erik - 2006

Would you go to the dentist more often if it were free? Observational data is here used to analyze the impact of full-coverage insurance on dental care utilization using different identification strategies. The challenge of assessing the bite of moral hazard without an experimental study design...

Persistent link: https://www.econbiz.de/10010281377

Exchange rate pass-through, domestic competition, and inflation: Evidence from the 2005/08 revaluation of the Renminbi

Auer, Raphael A. - 2012

, in turn, the effect of RMB-induced US import price fluctuations on US producer prices is established. In a panel spanning …

Persistent link: https://www.econbiz.de/10010281451

Genetic influences on economic preferences

Cesarini, David; Dawes, Christopher T.; Johannesson, Magnus - 2007

In this paper, we use the classical twin design to provide estimates of genetic and environmental influences on experimentally elicited preferences for risk and giving. Using standard methods from behavior genetics, we find strong prima facie evidence that these preferences are broadly heritable...

Persistent link: https://www.econbiz.de/10010281464

Managing financial market expectations: The role of central bank transparency and central bank communication

Neuenkirch, Matthias - 2010

In this paper, we study the influence of central bank transparency and informal central bank communication on the money … market adjustment process between two interest rate decisions. The sample covers nine major central banks for the period from … explicit prioritization of central bank objectives are the most important of these subcategories. Finally, there is no unique …

Persistent link: https://www.econbiz.de/10010281466

Bayesian estimation of a DSGE model with inventories

Foerster, Marcel - 2011

This paper introduces inventories in an otherwise standard Dynamic Stochastic General Equilibrium Model (DSGE) of the business cycle. Firms accumulate inventories to facilitate sales, but face a cost of doing so in terms of costly storage of intermediate goods. The paper's main contribution is...

Persistent link: https://www.econbiz.de/10010281471