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Prediction in the Panel Data Model with Spatial Correlation: The Case of Liquor

Baltagi, Badi H.; Li, Dong - Center for Policy Research, Maxwell School - 2006

This paper considers the problem of prediction in a panel data regression model with spatial autocorrelation in the context of a simple demand equation for liquor. This is based on a panel of 43 states over the period 1965-1994. The spatial autocorrelation due to neighboring states and the...

Persistent link: https://www.econbiz.de/10005504097

On the estimation and forecasting of international migration: how relevant is heterogeneity across countries?

Brücker, Herbert; Siliverstovs, Boriss - 2005

This paper performs a comparative analysis of estimation as well as of out-of-sample forecasting results of more than … estimates of the migration function. Out-of-sample forecasting results indicate the following: (i) the standard fixed effects … variables estimators, (iv) forecasting performance of heterogenous estimators is mediocre in our data set. …

Persistent link: https://www.econbiz.de/10010267584

A fast-forward look at tertiary education attainment in Europe 2020

Dragomirescu-Gaina, Catalin; Elia, Leandro; Weber, Anke - Volkswirtschaftliche Fakultät, … - 2014

This paper provides an answer to the question of whether Europe will be able to reach its tertiary education target by 2020. Insights into the dynamics of future education attainment and areas for effective policy interventions in the long-run are highlighted. We model the dynamics behind...

Persistent link: https://www.econbiz.de/10011110221

The Impact of Exchange Rate Volatility on Trade: A Panel Study on Pakistan’s Trading Partners

Khan, Abdul Jalil; Azim, Parvez; Syed, Shabib Haider - In: Lahore Journal of Economics 19 (2014) 1, pp. 31-66

This study investigates the impact of domestic and foreign currency-valued exchange rate volatility on the export and import demand functions with reference to Pakistan’s trading partners. We use GARCH-based exchange rate volatilities and the least-squares dummy variable technique with...

Persistent link: https://www.econbiz.de/10010861908

On the Estimation and Forecasting of International Migration: How Relevant Is Heterogeneity Across Countries?

Brücker, Herbert; Siliverstovs, Boriss - Institute for the Study of Labor (IZA) - 2005

Persistent link: https://www.econbiz.de/10005703752

Using multiple outcomes to improve synthetic control method

Sun, Liyang; Ben-Michael, Eli; Feller, Avi - 2023

When there are multiple outcome series of interest, Synthetic Control analyses typically proceed by estimating separate weights for each outcome. In this paper, we instead propose estimating a common set of weights across outcomes, by balancing either a vector of all outcomes or an index or...

Persistent link: https://www.econbiz.de/10014480581

Immigrant heterogeneity and the earnings distribution in the United Kingdom and United States: New evidence from a panel data quantile regression analysis

Billger, Sherrilyn M.; Lamarche, Carlos - 2010

In this paper we use a relatively new panel data quantile regression technique to examine native-immigrant earnings differentials 1) throughout the conditional wage distribution, and 2) controlling for individual heterogeneity. No previous papers have simultaneously considered these factors. We...

Persistent link: https://www.econbiz.de/10010274707

The spatial random effects and the spatial fixed effects model: The Hausman test in a Cliff and Ord panel model

Mutl, Jan; Pfaffermayr, Michael - 2008

This paper studies the spatial random effects and spatial fixed effects model. The model includes a Cliff and Ord type spatial lag of the dependent variable as well as a spatially lagged one-way error component structure, accounting for both heterogeneity and spatial correlation across units. We...

Persistent link: https://www.econbiz.de/10010294030

Econometric evaluation of EU Cohesion Policy: a survey

Hagen, Tobias; Mohl, Philipp - 2009

More than one third of the European Union's total budget is spent on socalled Cohesion Policy via the structural funds. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of the various European regions. Investigating the impact...

Persistent link: https://www.econbiz.de/10010299177

The Impact of New Technologies on the Demand for Heterogenous Labour: Empirical Evidence from the German Business-Related Services Sector

Kaiser, Ulrich - 1998

The impact of technology on the demand for heterogeneous labor is controversely discussed throughout the literature. New technology which is said to favor high skilled labor and to substitute low skilled labor is often considered as the main reason for the decline in relative demand for low...

Persistent link: https://www.econbiz.de/10010299637