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Determinants of Trade Balance in West African Economic and Monetary Union (WAEMU) : evidence from heterogeneous panel analysis

Keho, Yaya - In: Cogent economics & finance 9 (2021) 1, pp. 1-16

This study investigates the determinants of the trade balance in West African and Monetary Union (WAEMU) over the period 1975-2017. We employ the Mean Group (MG) estimator along with the grouped mean version of Dynamic OLS (DOLS) and Fully Modified OLS (FMOLS) to deal with both endogeneity and...

Persistent link: https://www.econbiz.de/10013184391

Payment innovations, the shadow economy and cash demand of households in euro area countries

Reimers, Hans-Eggert; Schneider, Friedrich; Seitz, Franz - 2020

panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and …

Persistent link: https://www.econbiz.de/10012291866

Equilibrium exchange rates and misalignments : the case of homogenous emerging countries

Tipoy, Christian K.; Breitenbach, Marthinus C.; … - In: Spoudai : journal of economics and business 66 (2016) 4, pp. 3-25

We compute the exchange rate misalignment for a set of emerging economies between 1980 and 2013 using the behavioural equilibrium exchange rate definition. The real equilibrium exchange rate is constructed using a parsimonious model and estimators that are robust to cross-sectional independence...

Persistent link: https://www.econbiz.de/10011619498

Exchange rate pass-through to import prices in Europe : a panel cointegration approach

Arsova, Antonia - 2019

This paper takes a panel cointegration approach to the estimation of short- and long-run exchange rate pass … establish. Resorting to novel tests for panel cointegration, we find support for the equilibrium relationship hypothesis …. Exchange rate pass-through elasticities, estimated by two different techniques for cointegrated panel regressions, give insight …

Persistent link: https://www.econbiz.de/10011974808

Cash in circulation and the shadow economy : an empirical investigation for Euro area countries and beyond

Seitz, Franz; Reimers, Hans-Eggert; Schneider, Friedrich - 2018

within a panel cointegration framework. Besides the total net issues, we distinguish between large, medium and small euro … purposes, we also present panel results for eight non-euro area countries (Australia, Canada, Japan, Norway, Sweden …

Persistent link: https://www.econbiz.de/10011872942

Wagner's hypothesis in Europe : a causality analysis with disaggregated data

Trofimov, Ivan D. - In: European journal of government and economics : EJGE 12 (2023) 1, pp. 5-38

a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit … root and Westerlund (2007) cointegration tests that account for cross-sectional dependence in the series, and three panel …

Persistent link: https://www.econbiz.de/10014310932

Debt and economic growth : does size matter? : evidence from dynamic parametric and static non-parametric approaches

Reyes-Tagle, Gerardo; Muñoz, Jorge - 2023

approaches. On the one hand, by using a panel error correction model with a sample of 130 countries between 1980 and 2020, we …

Persistent link: https://www.econbiz.de/10014461312

Demographic change and the labour share of income

Schmidt, Torsten; Vosen, Simeon - 2009 - This version: February 26, 2009

Despite similar levels of per capita income, education and technology, the development of labour income shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. We first use a standard overlapping generations model to derive...

Persistent link: https://www.econbiz.de/10011514550

International migration to Germany : estimation of a time-series model and inference in panel cointegration.

Brücker, Herbert; Siliverstovs, Boriss; Trübswetter, … - 2003

univariate Augmented Dickey-Fuller test as well as its panel data version, developed in Im, Pesaran, and Shin (2003), to test for … null of no cointegration can be decisively rejected by applying the panel cointegration test of Pedroni (1999). The …

Persistent link: https://www.econbiz.de/10011439458

Testing uncovered interest rate parity using LIBOR

Omer, Muhammad; de Haan, Jakob; Scholtens, Bert - 2012

markets, LIBOR markets have minimal frictions which could lead to rejecting UIP. Using panel unit root test suggested by Palm …

Persistent link: https://www.econbiz.de/10010283612