Search Results - subject:"Panel data model"

The New Keynesian Phillips Curve Tested on OECD Panel Data

Bjørnstad, Roger; Nymoen, Ragnar - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-23, pp. 1-18

Using a panel data set for OECD countries we replicate the typical features of the New Keynesian Phillips curve models (NPCs) that have been estimated on country data. While this corroborates the NPC also on the macro panel data set, a different conclusion is reached when we test whether the NPC...

Persistent link: https://www.econbiz.de/10010295320

Does the financial market believe in the Phillips Curve? Evidence from the G7 countries

Fendel, Ralf; Lis, Eliza M.; Rülke, Jan-Christoph - 2008

This paper uses monthly survey data for the G7 countries for the time period 1989 - 2007 to explore the link between expectations on nominal wages, prices and unemployment rate as suggested by the traditional and Samuelson-and-Solow-type Phillips curve. Three major findings stand out: First, we...

Persistent link: https://www.econbiz.de/10010300140

Wage effects of R&D tax incentives:Evidence from the Netherlands

Lokshin, Boris; Mohnen, Pierre - United Nations University, Maastricht Economic and … - 2008

This paper examines the impact of the Dutch R&D tax incentives program, known as WBSO, on the wages of R&D workers. In our model these wages are partly determined by the governments WBSO tax disbursements. We construct detailed firm- and time specific R&D tax credit rates as a function of the...

Persistent link: https://www.econbiz.de/10005451577

An econometric analysis of SARS and Avian flu on international tourist arrivals to Asia

McAleer, Michael; Chang, Chia-Lin; Huang, Huang, B-W.; … - Faculteit der Economische Wetenschappen, Erasmus … - 2008

This paper compares the impacts of SARS and human deaths arising from Avian Flu on international tourist arrivals to Asia. The effects of SARS and human deaths from Avian Flu will be compared directly according to human deaths. The nature of the short run and long run relationship is examined...

Persistent link: https://www.econbiz.de/10010837863

Wage effects of R&D tax incentives:Evidence from the Netherlands

Lokshin, Boris; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2008

Persistent link: https://www.econbiz.de/10010856314

Does the financial market believe in the Phillips Curve? Evidence from the G7 countries

Fendel, Ralf; Lis, Eliza M.; Rülke, Jan-Christoph - Center for European, Governance and Economic … - 2008

Persistent link: https://www.econbiz.de/10010980785

The Commutative Effect and Casuality of Openness and Indigenous Factors Among World Economies

Li, Kui-Wai; Zhou, Xianbo - Volkswirtschaftliche Fakultät, … - 2008

The paper studies the commutative and causality relationship between economic openness and indigenous factors. The construction of the Openness Index and the Indigenous Index provides a measure on the extent of openness and indigenous development among world economies. The two indices are used...

Persistent link: https://www.econbiz.de/10009370849

An econometric analysis of SARS and Avian flu on international tourist arrivals to Asia

McAleer, M.J.; Huang, B-W.; Kuo, H-I.; Chen, C-C.; … - Erasmus University Rotterdam, Econometric Institute - 2008

of SARS. Keywords: SARS, Avian Flu, International Tourism, Static Fixed Effects Model, Dynamic Panel Data Model … from Avian Flu. 4.2 Linear Dynamic Model We also estimate a dynamic panel data model, specifically a linear …), "Inbound International Tourism to the Canary Islands: a Dynamic Panel Data Model", Tourism Management, 27(2), 281-291. Garín …

Persistent link: https://www.econbiz.de/10005056579

The New Keynesian Phillips curve tested on OECD panel data

Bjørnstad, Roger; Nymoen, Ragnar - Institut für Weltwirtschaft (IfW) - 2008

In their work, Galí, Gertler and Lopez-Salido, GGL, assert that the hybrid New Keynesian Phillips curve (NPC) with dominance of forward-looking behavior and real marginal costs is robust to choices of estimation procedure, details of variables definitions and choice of data samples. In an...

Persistent link: https://www.econbiz.de/10005059042

Does the Financial Market Believe in the Phillips Curve? – Evidence from the G7 countries

Fendel, Ralf; Lis, Eliza M.; Rülke, Jan-Christoph - Center for Globalization and Europeanization of the … - 2008

Persistent link: https://www.econbiz.de/10005593815