Search Results - subject:"Simultaneous Equations Model"

Value Creation through Securitization: Evidence from the CMBS Market

An, Xudong; Deng, Yongheng; Gabriel, Stuart - In: The Journal of Real Estate Finance and Economics 38 (2009) 3, pp. 302-326

equations model that accounts for the potential endogeneity of mortgage loan terms to the mortgage-treasury rate spread. Results … results via hazard model tests for omitted variables and originator-specific effects. We further estimate a simultaneous …

Persistent link: https://www.econbiz.de/10010866961

Fear of Floating and Pegging: A Simultaneous Choice Model of De Jure and De Facto Exchange Rate Regimes in Developing Countries

Hagen, Jürgen; Zhou, Jizhong - In: Open Economies Review 20 (2009) 3, pp. 293-315

Persistent link: https://www.econbiz.de/10005005607

Joint determinations of inequality and growth

Huang, Ho-Chuan; Lin, Yi-Chen; Yeh, Chih-Chuan - In: Economics Letters 103 (2009) 3, pp. 163-166

simultaneous equations model. Results show that higher inequality is detrimental to growth whereas faster growth worsens the extent …

Persistent link: https://www.econbiz.de/10005066268

The interaction between capital controls and exchange rate regimes: evidence from developing countries

Hagen, Jurgen Von; Zhou, Jizhong - In: International Economic Journal 22 (2008) 2, pp. 163-185

This paper provides an empirical analysis of the interaction between capital controls and exchange rate policies in developing countries in the 1980s and 1990s. We estimate a simultaneous-equations panel mixed logit model for the joint determination of two decisions. We find strong influences...

Persistent link: https://www.econbiz.de/10005475761

Openness, Growth, and Development: Evidence from a Panel of East Asian Countries

Fakhr, Zohreh Shirani; Sheikhbahaie, Azita - In: Iranian Economic Review 13 (2008) 2, pp. 157-174

economic growth. Using a two-equation simultaneous-equations model of development and growth and an alternative measure of …

Persistent link: https://www.econbiz.de/10010695790

Jeffreys Prior Analysis of the Simultaneous Equations Model in the Case with n+1 Endogenous Variables

Chao, John C.; Phillips, Peter C.B. - Cowles Foundation for Research in Economics, Yale University - 1998

This paper analyzes the behavior of posterior distributions under the Jeffreys prior in a simultaneous equations model …

Persistent link: https://www.econbiz.de/10005463888

Price Competition for an Informed Buyer

Moscarini, Giuseppe; Ottaviani, Marco - Cowles Foundation for Research in Economics, Yale University - 1998

paper analyzes the behavior of posterior distributions under the Jeffreys prior in a simultaneous equations model. The case …

Persistent link: https://www.econbiz.de/10005634741

Fear of Floating and Fear of Pegging: An Empirical Analysis of De Facto Exchange Rate Regimes in Developing Countries

von Hagen, Jürgen; Zhou, Jizhong - C.E.P.R. Discussion Papers - 2006

likelihood methods. The results of the simultaneous equations model suggest that the two regime choices are dependent of each …

Persistent link: https://www.econbiz.de/10005792391

The Interaction Between Capital Controls and Exchange Rate Regimes: Evidence from Developing Countries

von Hagen, Jürgen; Zhou, Jizhong - C.E.P.R. Discussion Papers - 2006

The choice of the exchange rate regime and the capital account regime are among the core macro economic policy decisions for developing countries, with important repercussions for a country's macro economic stability, ability to attract foreign capital, and international trade. Existing...

Persistent link: https://www.econbiz.de/10005136430

Military expenditure and economic growth: peru 1970-1996

Klein, Thilo - In: Defence and Peace Economics 15 (2004) 3, pp. 275-288

using a Deger-type Simultaneous Equations Model it is possible to break up the net effect into supply- and demand …

Persistent link: https://www.econbiz.de/10005495969