Showing 1 - 10 of 2,755
This paper studies how variations in tax rates and profitability affect the (unconditional) quantiles of the distribution of the leverage of European foreign owned subsidiaries in the presence of unobserved company characteristics, possibly correlated with their observable dimensions. To achieve...
Persistent link: https://www.econbiz.de/10012514927
This paper provides a new methodology for the analysis of multiple long run relations in panel data models where the … cross section dimension, n, is large relative to the time series dimension, T. For panel data models with large n … approach is illustrated with an application to key financial variables using an unbalanced panel of US firms from merged CRSP …
Persistent link: https://www.econbiz.de/10015409539
like Spiegel and Spulber [1997, RAND Journal of Economics] highlight that effect. The present paper considers a panel data …) and gross investment (INV) in physical capital. The evidence accruing from a dynamic panel data estimation indicates an … ; dynamic panel data …
Persistent link: https://www.econbiz.de/10003854388
We consider a new dataset that provides a description of the population of financial equity flows between developed countries from 2001 to 2018. We follow the standard practice of controlling for pull and push factors as well as gravity-style variables, while also accounting for the business...
Persistent link: https://www.econbiz.de/10013332123
reaction to increasing debt levels in the West German Laender panel. …
Persistent link: https://www.econbiz.de/10011822075
prices and whether exchange rate flexibility mediates these effects. Using panel data techniques, including OLS and Panel VAR …
Persistent link: https://www.econbiz.de/10015074620
This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using confidential...
Persistent link: https://www.econbiz.de/10010256736
across pairs or regional units or even across cross-sectional units and time inevitably leads to a panel data structure of … panel econometric generic structure. The issues covered range from the estimation of double-indexed versus higher …
Persistent link: https://www.econbiz.de/10010237192
We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period …
Persistent link: https://www.econbiz.de/10010375378
The nexus between corruption and economic growth has been examined for a long time. Many empirical studies measured corruption by the reversed Transparency International’s Perception of Corruption Index (CPI) and ignored that the CPI was not comparable over time. The CPI is comparable over...
Persistent link: https://www.econbiz.de/10012064480