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Getting PPP right : identifying mean-reverting real exchange rates in panels

Chortareas, Georgios E. (contributor); … - 2008

real exchange rates in panel frameworks. One weakness of such tests, however, is that they fail to inform the researcher as … a small number of real exchange rates in a given panel may drive the results. In this paper we examine the PPP … when applied to a set of established panel-unit-root tests, allows the identification of the real exchange rates that are …

Persistent link: https://www.econbiz.de/10003740322

Nonlinearity, heterogeneity and unobserved effects in the CO2-income relation for advanced countries

Mazzanti, Massimiliano; Musolesi, Antonio - 2013

We study long run carbon emissions-income relationships for advanced countries grouped in policy relevant groups: North America and Oceania, South Europe, North Europe. By relying on recent advances on Generalized Additive Mixed Models (GAMMs) and adopting interaction models, we handle...

Persistent link: https://www.econbiz.de/10010203435

Count data models with unobserved heterogeneity : an empirical likelihood approach

Boes, Stefan (contributor) - 2007

estimation in particular has favorable properties in this setting compared to the two-step GMM procedure, which is demonstrated … in a Monte Carlo experiment. The proposed method is applied to the estimation of a cigarette demand function …

Persistent link: https://www.econbiz.de/10003459712

Debt and economic growth : does size matter? : evidence from dynamic parametric and static non-parametric approaches

Reyes-Tagle, Gerardo; Muñoz, Jorge - 2023

approaches. On the one hand, by using a panel error correction model with a sample of 130 countries between 1980 and 2020, we …

Persistent link: https://www.econbiz.de/10014461312

On the long-run unemployment, inflation, and volatility

Fasani, Stefano - 2021

This paper builds up a simple New Keynesian model and revisits the relationship between unemployment and in ation in the long-run. It finds that when the labor market is affected by downward nominal wage rigidity, this relationship goes beyond the tradeoff between the first moments of...

Persistent link: https://www.econbiz.de/10012429726

Fiscal consolidations in Latin America and the Caribbean : do inequality, corruption, and informality matter?

Jalles, João Tovar; Pessino, Carola; Calderon, Ana Cristina - 2025

Widening income disparities, higher corruption and larger informality in many emerging market and developing economies (EMDE) including Latin America, all with pressing and mounting fiscal problems, have rekindled interest in the empirical analysis of the key factors determining the occurrence...

Persistent link: https://www.econbiz.de/10015329951

The impact of climate change on agriculture : nonlinear effects and aggregation bias in Ricardian models of farm land values

Fezzi, Carlo; Bateman, Ian - 2013

effects of temperature and precipitation. Model estimation is implemented on data aggregated across counties or large regions …. We investigate the potential bias induced by such approaches by using a large panel of farm-level data. Consistent with …

Persistent link: https://www.econbiz.de/10010203412

Temperature anomalies, radiative forcing and ENSO

Morana, Claudio; Sbrana, Giacomo - 2017

The paper investigates the linkages between temperature anomalies, radiative forcing and ENSO. By means of a new flexible trend modeling approach, we uncover a nonlinear linkage between radiative forcing and global temperature anomalies. The nonlinear trend closely tracks the low frequency...

Persistent link: https://www.econbiz.de/10011614201

Semi-parametric interpolations of residential location values : using housing price data to generate balanced panels

Cohen, Jeffrey P.; Coughlin, Cletus Charles; Clapp, John M. - 2014

Persistent link: https://www.econbiz.de/10010477366

Modelling and forecasting noisy realized volatility

Asai, Manuabu; McAleer, Michael; Medeiros, Marcelo C. - 2010

Persistent link: https://www.econbiz.de/10008669930