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Argentinean real exchange rate 1900 - 2006: Testing purchasing power parity theory

dal Bianco, Marcos José - In: Estudios de Economía 35 (2008) 1, pp. 33-64

This paper tests the Purchasing Power Parity Theory of Exchange Rates dealing with Argentinean data for the period 1900-2006. This is equivalent to testing if the Real Exchange Rate is a stationary variable or if its components (the nominal exchange rate and the relative prices) are...

Persistent link: https://www.econbiz.de/10010289485

Unit root tests: The role of the univariate models implied by multivariate time series

Cappuccio, Nunzio; Lubian, Diego - In: Econometrics 4 (2016) 2, pp. 1-11

In cointegration analysis, it is customary to test the hypothesis of unit roots separately for each single time series. In this note, we point out that this procedure may imply large size distortion of the unit root tests if the DGP is a VAR. It is well-known that univariate models implied by a...

Persistent link: https://www.econbiz.de/10011755326

Selected Macroeconomic Variables and Stock Market Movements: Empirical evidence from Thailand

Forson, Joseph Ato; Janrattanagul, Jakkaphong - In: Contemporary Economics 8 (2014) 2, pp. 157-174

This paper investigates and analyzes the long-run equilibrium relationship between the Thai stock Exchange Index (SETI) and selected macroeconomic variables using monthly time series data that cover a 20-year period from January 1990 to December 2009. The following macroeconomic variables are...

Persistent link: https://www.econbiz.de/10010436018

Turkish migration to Europe: A modified gravity model analysis

Dedeoğlu, Dinçer; Genç, H. Deniz - In: IZA Journal of Development and Migration 7 (2017) 17, pp. 1-19

This study specifies and applies a gravity model to provide empirical evidence on determinants of emigration from Turkey to 31 destination European countries over the period between 1960 and 2013. Results under alternative estimation strategies show that economic, demographic and cultural...

Persistent link: https://www.econbiz.de/10012012090

Skills versus luck: Bolivia and its recent bonanza

Chumacero, Rómulo A. - In: Latin American Economic Review 28 (2019) 1, pp. 1-27

This paper uses different approaches to determine the contribution of internal policies and external factors on the good performance of the Bolivian economy in the recent past. It is demonstrated that the extremely favorable external conditions are mainly responsible for its bonanza, and that...

Persistent link: https://www.econbiz.de/10013205113

How globalization is changing digital technology adoption: An international perspective

Škare, Marinko; Riberio Soriano, Domingo - In: Journal of Innovation & Knowledge (JIK) 6 (2021) 4, pp. 222-233

using advanced panel data modeling. Empirical findings show globalization can significantly affect technology adoption in …

Persistent link: https://www.econbiz.de/10013266803

Macroeconomic, institutional and financial determinants of current account balances: A panel data assessment

Altayligil, Yasin Baris; Çetrez, Murat - In: Journal of Economic Structures 9 (2020) 49, pp. 1-23

balances by using panel data analysis method. The analysis is carried out by using the data for the period between 1986 and …

Persistent link: https://www.econbiz.de/10013288326

Shadow financial services and firm performance in South Africa

Zhou, Sheunesu; Tewari, Devi D. - In: Cogent Economics & Finance 7 (2019) 1, pp. 1-18

The last two decades have seen a sharp increase in shadow banking activities in both advanced and emerging economies. Shadow banks have therefore become an important part of financial markets due to their credit creation and capital allocation roles. This study investigates the impact of shadow...

Persistent link: https://www.econbiz.de/10012657520

Dynamic panel modeling of climate change

Phillips, Peter C. B. - In: Econometrics 8 (2020) 3, pp. 1-28

station level adjustment mechanisms in dynamic panel regressions with climate data. The paper provides asymptotic analyses … standard dynamic panel regression and cointegration techniques that have been used in earlier research. The findings reveal … massive bias in system GMM estimation of the dynamic panel regression parameters, which arise from fixed effect heterogeneity …

Persistent link: https://www.econbiz.de/10012696293

Nonlinear cointegrating regression of the earth's surface mean temperature anomalies on total radiative forcing

Nam, Kyungsik - In: Econometrics 9 (2021) 1, pp. 1-25

This study proposes a nonlinear cointegrating regression model based on the well-known energy balance climate model. Specifically, I investigate the nonlinear cointegrating regression of the mean of temperature anomaly distributions on total radiative forcing using estimated spatial...

Persistent link: https://www.econbiz.de/10012696312