This paper applies a set of unit root and cointegration tests with non-linear error-correction mechanisms to a subset of the OECD countries to investigate the empirical conclusions of some of the labor market models in the literature. I generally find that the unemployment rate, productivity,...

This paper reconsiders the nature of the trends (i.e. deterministic or stochastic) in the Nelson and Plosser (1982) series, both for the original and for an extended data set. For this purpose, I employ two tests that have been recently introduced by Enders and Lee (2006) and Becker et. al....

This paper uses data on emissions per capita of ten air pollutants and municipal waste to investigate the potential impact of the Transatlantic Trade and Investment Partnership (TTIP) on the empirical validity of the Environmental Kuznets Curve (EKC). Using a dataset of the twenty-eight EU...

The current study empirically investigates and shows that on average, the possible implementation of the Transatlantic Trade and Investment Partnership (TTIP) would generally help in the fight against global warming. In particular, the study finds that a one percent increase in the bilateral...

This paper uses copulas to model the joint survival within the groups of hedge funds and funds of funds managed by the same manager. Given their skewed distribution, a simple survival analysis based on linearity assumptions may fail to fully capture the dependence caused by extreme events in the...

Samuelson (1967) argues that as a general matter it is easy to show that investors should be maximally diversified. For this reason many institutions are attracted to diversified portfolios of hedge funds, referred to as Funds of Hedge Funds (FOFs). In this paper we examine a new database that...

This paper draws upon several distinct contributions to improve the out-of- sample forecasting performance of realized volatility models. More specifically, we retain the rolling-sample idea of Andreou and Ghysels (2002) to propose a new approach we call the Rolling Realized Volatility (RRV ),...

This paper empirically investigates the impact of the Transatlantic Trade and Investment Partnership (TTIP) on per capita emissions of eight air pollutants and municipal waste. We employ the same explanatory variables and apply the same empirical strategy and methodologies as in (Qirjo and...

The study empirically investigates and shows that on average, the implementation of the Comprehensive Economic and Trade Agreement (CETA) may contribute in the fight against global warming. This study finds that on average, a one percent increase of a percentage point in the bilateral volume of...

This study empirically investigates how the presence of CETA (Comprehensive Economic and Trade Agreement) may affect per capita emissions of four air pollutants. It follows closely the empirical work of (Qirjo et al., 2019), but it focuses in each category of GHGs. It finds statistically...