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equations across pairs or regional units or even across cross-sectional units and time inevitably leads to a panel data … their panel econometric generic structure. The issues covered range from the estimation of double-indexed versus higher …
Persistent link: https://www.econbiz.de/10013058498
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10010540250
a few more recent contributions made use of panel data. So far that research left open the question whether to treat …
Persistent link: https://www.econbiz.de/10011491396
Persistent link: https://www.econbiz.de/10011491843
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the FDI decision. In the empirical part, we estimate a dynamic panel data model and find that structural expenditures …
Persistent link: https://www.econbiz.de/10011492067
period from 1970 to 2000. We apply a new panel error correction technique which allows us to constrain the long …
Persistent link: https://www.econbiz.de/10011493666
international comparative tests in Mathematics and Science during the period 1980 to 2003. In fixed effects panel models, government …
Persistent link: https://www.econbiz.de/10012770446
This paper analyses the reaction of fiscal policy to the cycle in OECD countries. The results suggest that while overall government balances were counter-cyclical in the past and more so in economic downturns than in upswings, discretionary fiscal policy was neutral on average. However,...
Persistent link: https://www.econbiz.de/10013108041