Search Results - subject:"Dummy Variables"

Ghura, Dhaneshwar; Bhattacharya, Rina - International Monetary Fund (IMF) - 2006

This paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political instability has a negative effect on non-oil growth, and that the presence of oil could have fueled...

Persistent link: https://www.econbiz.de/10005826404

The IMF's Reserves Template and Nominal Exchange Rate Volatility

Gonzalez-Garcia, Jesus; Cady, John - International Monetary Fund (IMF) - 2006

The effects of the adoption of the IMF's International Reserves and Foreign Currency Liquidity Data Template on nominal exchange rate volatility are investigated for 48 countries. Estimation of panel data models indicates that nominal exchange rate volatility decreases following dissemination of...

Persistent link: https://www.econbiz.de/10005826469

Holistic effects of dummy variables on the forecast accuracy of econometric models – an analysis of the RWI-business cycle model as an example

Quaas, Georg - Volkswirtschaftliche Fakultät, … - 2006

Contrary to their significance for the adjustment of econometric models, dummy variables are seldom addressed in the … article that all the dummy variables taken as a whole are in fact reducing the error measures of the most of the endogenous … and breaks in macroeconomic time series and caused by the implementation of dummy variables which take account of those …

Persistent link: https://www.econbiz.de/10008514899

On the Properties of Various Estimators for Fiscal Reaction Functions

Celasun, Oya; Kang, Joong Shik - International Monetary Fund (IMF) - 2006

This paper evaluates the bias of the least-squares-with-dummy-variables (LSDV) method in fiscal reaction function …

Persistent link: https://www.econbiz.de/10005263679

The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes

Heravi, Saeed; Silver, Mick - International Monetary Fund (IMF) - 2006

Statistical offices try to match item models when measuring inflation between two periods. For product areas with a high turnover of differentiated models, however, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. The...

Persistent link: https://www.econbiz.de/10005263961

FEER for the CFA Franc

Tsangarides, Charalambos G.; Abdih, Yasser - International Monetary Fund (IMF) - 2006

We apply the fundamentals equilibrium exchange rate (FEER) approach and the Johansen cointegration methodology to investigate the behavior of the real effective exchange rates of the two monetary unions of the CFA franc zone (CEMAC and WAEMU) vis-à-vis their long-run equilibrium paths. For both...

Persistent link: https://www.econbiz.de/10005264103

Namibia; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2006

This Selected Issues paper analyzes unemployment and education in Namibia. Using the Afrobarometer Project survey data, the paper develops some stylized facts about the Namibian labor market, focusing on the link between education, earnings, and unemployment. The paper finds that unemployment...

Persistent link: https://www.econbiz.de/10011243976

Israel; Selected Issues

International Monetary Fund (IMF); International … - 2006

This Selected Issues paper analyzes the empirical relationship between corporate leverageâ€”and other indicators of financial healthâ€”and investment in Israel, using dynamic panel data techniques. The results suggest that weak balance sheets may well have contributed to the investment...

Persistent link: https://www.econbiz.de/10011245486

Mesdames et Messieurs, momentum performance is not so abnormal after all!

Galariotis, Emilios - In: Applied economics 45 (2013) 25/27, pp. 3871-3879

Persistent link: https://www.econbiz.de/10010345846

Power of significance test of dummies in Simar-Wilson two-stage efficiency analysis model

Zelenyuk, Valentin - Volkswirtschaftliche Fakultät, … - 2005

In this note we investigate the power of significance test for dummy-variables in the context of Simar and Wilson (2003 …

Persistent link: https://www.econbiz.de/10009368471