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This paper studies regional output asymmetries following U.S. federal tax shocks. We estimate a vector autoregressive model for each U.S. state, utilizing the exogenous tax shock series recently proposed by Romer and Romer (2010) and find considerable variations: estimated output multipliers lie...
Persistent link: https://www.econbiz.de/10009534065
The German apprenticeship system is widely known throughout the world. We analyze expenditures on vocational schools on county level using data from 213 West-German counties between 2001 and 2006. We use spatial econometrics to test for spatial correlation in counties' expenditure on vocational...
Persistent link: https://www.econbiz.de/10011649071
Spurious regression analysis in panel data when the time series are cross-section dependent is analyzed in the paper. We show that consistent estimation of the long-run average parameter is possible once we control for cross-section dependence using cross-section averages in the spirit of the...
Persistent link: https://www.econbiz.de/10012010208
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This paper provides an analysis of the convergence pattern of German housing prices and rents employing a new dataset … that covers all the country's administrative districts. In addition to conventional tests for 𝛽-convergence and 𝜎-convergence … districts. Our results reveal no evidence of convergence across Germany or within states; rather, we discover widespread …
Persistent link: https://www.econbiz.de/10013460037
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We show, for the first time, a causal effect of local economic growth on infant mortality. We use geo-referenced data for non-migrating mothers from 46 developing countries and 128 DHS survey rounds and combine it with nighttime luminosity data at a granular level. Using mother mixed effects we...
Persistent link: https://www.econbiz.de/10012625270
4207 I examine the association between nighttime light luminosity and ten pollution measures (CO2, CO, NOx,SO2, NMVOC, NH3, BC, OC, PM10 and PM2.5) across different political regimes at a local level. Although the effects of the political system and economic growth on pollution have been widely...
Persistent link: https://www.econbiz.de/10013438715