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Does aging influence sectoral employment shares? Evidence from panel data

Thiessen, Ulrich; Kholodilin, Konstantin A.; … - 2008

Our study represents a first attempt to single out the effects of aging on the entire structure of the economy that is approximated by employment shares in different sectors. We find that even after controlling for the effects of other relevant factors - e.g. income per capita, share of trade in...

Persistent link: https://www.econbiz.de/10010285830

Do IMF and World Bank programs induce government crises? An empirical analysis

Dreher, Axel; Gassebner, Martin - 2008

We examine whether and under which circumstances World Bank projects and IMF programs affect the likelihood of major … model specification, those of the World Bank are shown to be robust to the choice of control variables and method of …

Persistent link: https://www.econbiz.de/10010285844

Country or leader? Political change and UN general assembly voting

Dreher, Axel; Jensen, Nathan - 2009

In this project we explore the relationship between leader change and relations between states. Voting in the United Naion's General Assembly (UNGA) is often used as a measure of political proximity between countries. We use UN voting coincidence to examine how changes in leadership affect...

Persistent link: https://www.econbiz.de/10010285846

Macroeconomic stability and the real interest rate: A cross-country analysis

Groth, Charlotta; Zampolli, Fabrizio - 2010

We construct a measure of the short-term world interest rate using principal component analysis. Drawing on real … interest rate data for 18 OECD countries for the period 1985 - 2008, persistent deviations from the world interest rate that … that a rise in conditional consumption growth volatility relative to the rest of the world reduces the foreign exchange …

Persistent link: https://www.econbiz.de/10010285855

What determines the finance-growth nexus? An endogenous growth model and empirical evidence

Graff, Michael; Karmann, Alexander - 2003

An endogenous growth model on finance and growth is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional changes, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries...

Persistent link: https://www.econbiz.de/10010285889

The impact of globalization on the composition of government expenditures: Evidence from panel data

Dreher, Axel; Sturm, Jan-Egbert; Ursprung, Heinrich W. - 2006

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced...

Persistent link: https://www.econbiz.de/10010285894

Signal extraction: How (in)efficient are model-based approaches?An empirical study based on TRAMO/SEATS and census X-12-ARIMA

Wildi, Marc; Schips, Bernd - 2004

Estimation of signals at the current boundary of time series is an important task in many practical applications. In order to apply the symmetric filter at current time, model-based approaches typically rely on forecasts generated from a time series model in order to extend (stretch) the time...

Persistent link: https://www.econbiz.de/10010285897

Finanzielle Entwicklung und wirtschaftliches Wachstum: Eine Mehrwellen-Pfadanalyse

Graff, Michael - 2002

Persistent link: https://www.econbiz.de/10010285943

Hochschulbildung und Wirtschaftswachstum: Neue empirische Ergebnisse

Graff, Michael - 2002

Persistent link: https://www.econbiz.de/10010285955

Solicited and unsolicited credit ratings: A global perspective

Poon, Winnie P. H.; Chan, Kam C. - 2010

We conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998-2003. Specifically, we focused on the solicited versus unsolicited ratings and sample-selection bias in the analysis. Unlike the literature, we...

Persistent link: https://www.econbiz.de/10010286082