نتایج جستجو برای: panel cointegration jel classification c33
تعداد نتایج: 585217 فیلتر نتایج به سال:
This paper proposes an approach to estimate the impact of adverse climatic events on profitability small European banks (LSIs). By considering river flooding phenomena, we construct a unique database matching information location, frequency and severity floods with location balance sheet data institutions mainly operating in areas where they are headquartered (territorial LSIs). We compare perf...
Withinand Cross-Firm Mobility and Earnings Growth While it is well established that both promotions within firms and mobility across firms lead to significant earnings progression, little is known about the interaction between these types of mobility. Exploiting a large Danish panel data set and controlling for unobserved individual heterogeneity, we show that cross-firm moves at the non-execut...
Are fruit and vegetables good for our mental and physical health? Panel data evidence from Australia
This paper studies the effect of fruit and vegetable consumption on human well-being. Using individual-level panel data from a representative sample of Australian households, I estimate the intake of fruit and vegetables to have positive and statistically significant impacts on a wide range of subjective well-being measures, including life satisfaction, self-assessed health, mental health, psyc...
The evidence that earnings rise with firm size and that human capital affects earnings based on labour market data are two of the most robust empirical findings in economics. In contrast the evidence for scale economies in firm data is very weak. The limited direct evidence of human capital on firm productivity suggests that human capital is indeed productive and that the magnitudes are consist...
This paper examines the determinants of the decision to leave home and the decision to work of young adults in Britain. These behavioural outcomes are jointly modelled using a bivariate dynamic setting that accounts for unobserved heterogeneity estimated on the first fifteen waves of the British Household Panel Survey. We augment previous research by examining the effect of current parental lab...
In this paper we describe a method for testing the null of no cointegration in dynamic panels with multiple regressors and compute approximate critical values for these tests. Methods for non-stationary panels, including panel unit root and panel cointegration tests, have been gaining increased acceptance in recent empirical research. To date, however, tests for the null of no cointegration in ...
Coe and Helpman (1995) estimated a relationship between TFP and levels of domestic and foreign R&D capital, but couldn't provide compelling evidence of the panel eointegration needed to support their estimation strategy. This paper uses Pedroni's (1997, 1998) tests for panel cointegration in both the Coe-Helpman setup and in a framework with more cross-section heterogeneity. Criticisms of the C...
The paper introduces a novel approach to testing for unit roots in panels. Following Chang and Park (2004), the approach takes a new contour that is drawn along the line given by the equi-squared-sum instead of the traditional one given by the equi-sample-size. As we show in the paper, the distributions of the unit root tests based on nonlinear IV t-ratios (which includes the Dickey-Fuller test...
Birth Spacing, Fertility and Neonatal Mortality in India: Dynamics, Frailty and Fecundity A dynamic panel data model of neonatal mortality and birth spacing is analyzed, accounting for causal effects of birth spacing on subsequent mortality and of mortality on the length of the next birth interval, while controlling for unobserved heterogeneity in mortality (frailty) and birth spacing (fecundit...
July 2017 IZA DP No. 10905 Behavioral Responses and Welfare Reform: Evidence from a Randomized Experiment* Recent studies have used a distributional analysis of welfare reform experiments suggesting that some individuals reduce hours in order to opt into welfare, an example of behavioralinduced participation. Using data on Connecticut’s Jobs First experiment, we find no evidence of behavioral-i...
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