Search Results - subject:"Dynamic Panel Data"

Wage Dynamics and Promotions inside and between Firms

da Silva, Antonio Dias; van der Klaauw, Bas - 2006

We focus on the dynamic relation between wage increases, promotions and job changes. We relate our empirical analyses to the theoretical model of Gibbons and Waldman (1999). In the empirical analyses we use the Portuguese matched employer-employee data Quadros de Pessoal. We conclude from...

Persistent link: https://www.econbiz.de/10010325375

The Demand for Directors’ and Officers’ Liability Insurance by US Public Companies

Kalchev, Georgi - In: Panel Data Econometrics: Theoretical Contributions and …, (pp. 351-360). 2006

risk as well as provides real-services efficiencies, among others. Applying dynamic panel data models, these theories are …

Persistent link: https://www.econbiz.de/10011568338

Quasi ML estimation of the panel AR(1) model with arbitrary initial conditions

Kruiniger, Hugo - 2006

In this paper we show that the Quasi ML estimation method yields consistent Random and Fixed Effects estimators for the autoregression parameter ÃÂ in the panel AR(1) model with arbitrary initial conditions even when the errors are drawn from heterogenous distributions. We compare both...

Persistent link: https://www.econbiz.de/10010284089

GMM estimation and inference in dynamic panel data models with persistent data

Kruiniger, Hugo - 2006

In this paper we consider GMM based estimation and inference for the panel AR(1) model when the data are persistent and the time dimension of the panel is fixed. We find that the nature of the weak instruments problem of the Arellano-Bond estimator depends on the distributional properties of the...

Persistent link: https://www.econbiz.de/10010284093

Pursuing manufacturing-based export-led growth: Are developing countries increasingly crowding each other out?

Razmi, Arslan - 2006

This study empirically investigates the presence of crowding out effects emerging from intra-developing country competition in export markets for manufactured goods. Export equations are estimated for a panel consisting of twenty major developing country exporters of manufactures, after...

Persistent link: https://www.econbiz.de/10010287848

The relationship between economic growth and inequality: Evidence from the age of market liberalism

Angeles-Castro, Gerardo - 2006

Using a panel data set of selected countries, this paper shows that the inequality-growth relationship follows an ordinary-U curve during the period 1970-98, in which inequality first decreases and then increases with economic growth. In addition, there is some evidence that the increasing...

Persistent link: https://www.econbiz.de/10010290640

Pursuing Manufacturing-BasedExport-Led Growth: Are Developing Countries Increasingly Crowding Each Other Out?

Razmi, Arslan - Department of Economics, University of Massachusetts-Amherst - 2006

Keywords: Crowding out, export displacement, real exchange rates, intra-developing country competition, dynamic panel data …. Furthermore, we pursue various dynamic panel data approaches to derive estimates for both aggregated and SITC category … of a transformed ARDL(1,1) model, and (2) dynamic panel data estimates of an ARDL(1,1) model using the GMM approach. To …

Persistent link: https://www.econbiz.de/10005533161

How Excessive are External Imbalances in Selected Transition Countries?

Aristovnik, Aleksander - In: Prague Economic Papers 2006 (2006) 3, pp. 243-267

This article examines the main current account balance determinants in order to assess the potential excessiveness of current account deficits in selected transition countries. For this purpose, dynamic panel-regression techniques are used to characterise the properties of current account...

Persistent link: https://www.econbiz.de/10005036502

Uncertainty Determinants of Corporate Liquidity

Baum, Christopher F.; Caglayan, Mustafa; Stephan, Andreas; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006

This paper investigates the link between the optimal level of non-financial firms' liquid assets and uncertainty. We develop a partial equilibrium model of precautionary demand for liquid assets showing that firms alter their liquidity ratio in response to changes in either macroeconomic or...

Persistent link: https://www.econbiz.de/10004963667

Are Cardiovascular Diseases Bad for Economic Growth?

Suhrcke, Marc; Urban, Dieter M. - CESifo - 2006

We assess the impact of cardiovascular disease (CVD) mortality on economic growth, using a dynamic panel growth regression framework taking into account potential endogeneity problems. We start from a worldwide sample of countries for which data was available and detect a non-linearity in the...

Persistent link: https://www.econbiz.de/10005094447