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The empirical evidence currently available in the literature regarding the effects of a country's IMF program participation on its output growth is rather mixed. To shed new evidence on this issue, in this paper we specify a state-dependent panel data model accounting in particular for program...
Persistent link: https://www.econbiz.de/10010274938
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips' tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic panel including annual data for 119...
Persistent link: https://www.econbiz.de/10010286310
Persistent link: https://www.econbiz.de/10014459466
Language serves two key functions. It enables communication between agents, which allows for the establishment and … to issues linked with trust, social capital, and cultural identification. While research on the role of language as a … learning process is widespread, there is no evidence on the role of language as a signal of cultural affinity. I pursue this …
Persistent link: https://www.econbiz.de/10010278281
In this paper we specify and estimate different Markov-switching (MS) regime autoregressive models. The empirical performance of the univariate MS models used to describe the switches between different economic regimes for the G-7 countries is in general not satisfactory. We extend these models...
Persistent link: https://www.econbiz.de/10010312267
ethnic Germans from Eastern Europe to West Germany after World War II as a natural experiment to study this question. A …
Persistent link: https://www.econbiz.de/10010283988
ethnic Germans from Eastern Europe to West Germany after World War II as a natural experiment to study this question. A …
Persistent link: https://www.econbiz.de/10010286967
along language borders? Improving on previous research in this area, we use a nationally representative household survey …, the Swiss Household Panel 1999 and 2000, and we explicitly account for self-selection of workers into language areas …
Persistent link: https://www.econbiz.de/10010315503
. Education matters more for women in terms of explaining earnings, whereas language skills are relatively more important for men. …
Persistent link: https://www.econbiz.de/10010262167
We investigate whether time-persistent cultural borders impede economic exchange across regions of the same country. To measure cultural differences we evaluate, for the first time in economics, linguistic micro-data about phonological and grammatical features of German dialects. These data are...
Persistent link: https://www.econbiz.de/10010266077