VARs of real growth since 1970 are used to estimate spillovers between the U.S., euro area, Japan, and an aggregate of small industrial countries, which proxies for global shocks. U.S. and global shocks generate significant spillovers, while those from the euro area and Japan are small. This...

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...

In part because of high youth unemployment, students’ transition from school to work is an important policy and research topic. Public programs offering summer jobs or work while in high school as measures to smooth the transition is commonplace. The immediate effect of the programs on school...

This paper attempts to identify robust patterns of cross-country growth behavior in the world as a whole and Africa. It employs a novel methodology that incorporates a dynamic panel estimator, and Bayesian Model Averaging to explicitly account for model uncertainty. The findings indicate that:...

Data of sky luminance measured in Osaka (Japan) and in Arcavacata di Rende (Italy) during a year were analysed and compared with the values predicted by the Perez, Igawa and CIE calculation methods. The best predictions of absolute, relative and zenith luminances were obtained by the CIE method....

Thermal performance of windows depends on many parameters, such as dimensional characteristics and material properties of the components. The thermal transmittance U can be evaluated by a numerical method based on the CFD approach for the evaluation of the frame U-value (ISO 10077-1, ISO...