Random Coefficient Panel Data Models This paper provides a review of linear panel data models with slope heterogeneity, introduces various types of random coefficients models and suggest a common framework for dealing with them. It considers the fundamental issues of statistical inference of a random coefficients formulation using both the sampling and Bayesian approaches. The paper also provid...

tourism industry has been the fastest and the most income-generating industry in the first decade of the third millennium. it has been for many countries including some of oic member countries a source of foreign exchange and contributed into their development. in this paper, we try to test empirically whether tourism expansion has had any significant effect on economic growth of oic member cou...

â â â  â â â â â â â â â â â  financial sector is one of the most influential sectors in economic activities. empirical and theoretical studies conducted in recent years have also confirmed the significant role of financial institutions in economic growth. additionally, trade and financial liberalization policies have been particular concerned with strategic policies in developed and developing...

This paper studies the link between migration, remittances and productive assets accumulation for a panel of poor rural households in Mexico over the period 19972006. In a context of financial markets imperfections, migration may act as a substitute for imperfect credit and insurance provision (through remittances from migrants) and, thus, exert a positive effect on investment. However, it may ...

The Support Paradox in Community Enterprise Experiments in The Netherlands* In many European countries, community entrepreneurship is increasingly considered as a means to initiate small-scale urban regeneration. However, residents in deprived communities are often viewed to lack key entrepreneurial attributes and skills. This paper reports a unique experiment in the Netherlands with nascent co...

Unemployment Persistence: How Important Are Non-Cognitive Skills? Using a random effects dynamic panel data model and the 2000-2008 waves of the German SOEP this paper shows that non-cognitive skills have a predictive power on unemployment transitions. JEL Classification: C33, J64

This paper presents a simple two-period, dual economy model in which migration options may affect the informal financing of educational investments. When credit contracts are universally available and perfectly enforceable, spatially varied returns to human capital have no effect on educational investment patterns. But when financial markets are incomplete and informal mechanisms subject to imp...

Neighbourhood Effects on Migrant Youth’s Educational Commitments: An Enquiry into Personality Differences In the neighbourhood effects literature, the socialisation mechanism is usually investigated by looking at the association between neighbourhood characteristics and educational attainment. The step in between, that adolescents actually internalise educational norms held by residents, is oft...

Ethnic Networks and Employment Outcomes We analyse the effect of strong and weak ties on the individual probability of finding a job. Using the dynamic model of Calvó-Armengol and Jackson (2004), two results are put forward: (i) the individual probability of finding a job is increasing in the number of strong and weak ties; (ii) the longer the length of ties, the lower is this effect. We approx...

The Effect of Migration on Income Growth and Convergence: Meta-Analytic Evidence We compare a set of econometric studies that measure the effect of net internal migration in neoclassical models of long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence is about 2.7%. An increase in the net migration rate of a region by one perc...