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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

What is the relationship between national saving and investment in Latin America and the Caribbean?

Cavallo, Eduardo A.; Pedemonte, Mathieu - 2015

Using panel co-integration techniques and a comprehensive dataset covering the period 1980-2013, this paper finds a …

Persistent link: https://www.econbiz.de/10011339421

Fiscal policy and CO2 emissions of new passenger cars in the EU

Gerlagh, Reyer; Bijgaart, Inge van den; Nijland, Hans; … - 2015 - This version: 16 January 2015

To what extent have national fiscal policies contributed to the decarbonisation of newly sold passenger cars? We construct a simple model that generates predictions regarding the effect of fiscal policies on average CO2 emissions of new cars, and then test the model empirically. Our empirical...

Persistent link: https://www.econbiz.de/10010508510

Tourism and economic growth in Latin American countries : a panel data approach

Eugenio-Martín, Juan Luis; Morales, Noelia Martín; … - 2004

. The analysis proposed is based on a panel data approach and the Arellano-Bond estimator for dynamic panels. We obtain …, and investment in infrastructures. We employ a generalised least squares AR(1) panel data model. The results provide …

Persistent link: https://www.econbiz.de/10011600070

Spatial and time spillovers of driving restrictions : causal evidence from Lima's Pico y Placa policy

Salgado, Edgar; Mitnik, Oscar A. - 2021

Driving restrictions are popular interventions in rapidly urbanizing developing countries. Their relatively inexpensive implementation appeals to the pressing need to reduce traffic congestion and pollution. Their effectiveness however, remains contested. Using high frequency data from the...

Persistent link: https://www.econbiz.de/10014516601