Search Results - subject:"Long‐run"

A hypothesis test for the long-term calibration in rating systems with overlapping time windows

Kurth, Patrick; Nendel, Max; Streicher, Jan - In: Risks : open access journal 12 (2024) 8, pp. 1-28

long-run default rate. The consideration of one-year default rates on a quarterly basis leads to correlation effects which … drastically influence the variance of the long-run default rate. In a first step, we show that the long-run default rate is …

Persistent link: https://www.econbiz.de/10015065887

Antitrust risks of platform pricing

Šastitko, Andrej E.; Markova, Olga A.; Morozov, Anton N. - In: Russian journal of economics 10 (2024) 2, pp. 151-167

analyzing platform prices and calculating long-run average incremental costs (LRAIC). By using this approach one can reduce the …

Persistent link: https://www.econbiz.de/10015394397

Unveiling the mutual dynamics: Institutions, education and economic growth over 138 years in OECD countries

Röthel, Tim; Leschke, Martin - In: Kyklos 78 (2024) 1, pp. 243-270

‐operation and Development (OECD) countries, we are additionally able to differentiate between short‐ and long‐run results. We find …

Persistent link: https://www.econbiz.de/10015331756

The stability of government bond markets’ equilibrium and the interdependence of lending rates

Rodrigues, Paulo M. M.; Sibbertsen, Philipp; Voges, Michelle - In: Empirical Economics 67 (2024) 6, pp. 2503-2538

Theor 22(6):1091–1111, 2006) test statistic for no cointegration over possible breakpoints in the long-run equilibrium. We …

Persistent link: https://www.econbiz.de/10015358417

The effect of time-varying fundamentals in learning-to-forecast experiments

Alfarano, Simone; Camacho-Cuena, Eva; Colasante, Annarita; … - In: Journal of economic interaction and coordination 19 (2024) 4, pp. 619-647

Persistent link: https://www.econbiz.de/10015097275

Estimation and inference in a possibly multicointegrated system with a fixed number of instruments

Sun, Yixiao; Phillips, Peter C. B.; Kheifets, Igor L. - 2024

Persistent link: https://www.econbiz.de/10015077063

Asymmetric cost transmission and market power in retail gasoline markets

Rrukaj, Ritvana; Steen, Frode - 2024

Persistent link: https://www.econbiz.de/10015078262

The boulevard of broken dreams? : long-run effects of labor-managed socialism

Spruk, Rok; Kovač, Mitja; Garoupa, Nuno - 2024

This study investigates the long-term impact of socialism on economic growth, focusing on the unique case of labor-managed socialism in former Yugoslavia. By comparing Slovenia with OECD and East Asian donor countries that did not undergo postwar socialist transitions, we estimate counterfactual...

Persistent link: https://www.econbiz.de/10015359722

The role of financial globalization in the long-run volatility between forex and stock markets during COVID-19 : evidence from Africa

Insaidoo, Michael; Brafu-Insaidoo, William Gabriel; … - In: Research in globalization 9 (2024), pp. 1-10

This study examines the long-run volatility between forex and stock markets and the role of financial globalization in …) and panel Dynamic Ordinary Least Squares (DOLS) approaches. Our empirical outcomes revealed bi-directional long-run … the need to harness the stabilising potential of financial globalization in the long-run volatility between forex and …

Persistent link: https://www.econbiz.de/10015361627

Nigeria's volatile oil revenue : is there a cause for concern?

Ogunjumo, Rotimi Ayoade; Musa, Nuhu; Adama, Ibrahim; … - In: International Journal of Energy Economics and Policy : IJEEP 14 (2024) 2, pp. 299-303

Persistent link: https://www.econbiz.de/10014496220