Results 71 to 80 of about 478,176 (203)

"Housing Prices and Fundamentals: The Role of a Supply Shifter." [PDF]

The present paper empirically investigates the cointegrating relation between housing prices and economic fundamental variables in the US housing market.
Nazif Durmaz
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ESTIMATING THE SIZE OF ROMANIAN SHADOW ECONOMY USING THE CURRENCY DEMAND APPROACH [PDF]

In this paper, we estimate the size and the evolution of the Romanian shadow economy in the period 1998Q1-2008Q4, using a vector error correction model. A special attention it was given to the problem of non-stationarity and cointegration.
ALEXANDRU ADRIANA ANAMARIA, DOBRE ION, GHINARARU CATALIN   +2 more
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Market efficiency and the Euro: the case of the Athens Stock Exchange [PDF]

, 2003
The efficient market hypothesis (EMH) is tested in the case of the Athens Stock Exchange (ASE) after the introduction of the euro. The underlying assumption is that stock prices would be more transparent; their performance easier to compare; the ...
Panagiotidis, T
core   +1 more source

Can we Rely upon Fiscal Policy Estimates in Countries with Unreported Production of 15 Per Cent (or more) of GDP? [PDF]

This paper analyzes the effects of fiscal policy in Italy by employing a database containing two statistical novelties: quarterly fiscal variables on accrual basis and a time series estimate of tax evasion for the period 1981:1-2006:4.
Bruno Chiarini, Elisabetta Marzano, Raffaella Basile   +2 more
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A Spatio-Temporal Model of House Prices in the US [PDF]

, 2006
In this paper we model the dynamic adjustment of real house prices using data at the level of US States. We consider interactions between housing markets by examining the extent to which real house prices at the State level are driven by fundamentals ...
Holly, Sean, Pesaran, M. Hashem, Yamagata, Takashi   +2 more
core   +5 more sources

The Effects of International F/X Markets on Domestic Currencies Using Wavelet Networks: Evidence from Emerging Markets [PDF]

This paper proposes a powerful methodology wavelet networks to investigate the effects of international F/X markets on emerging markets currencies.
Cifter, Atilla, Ozun, Alper
core   +1 more source

Convergence in Income Inequality: Further Evidence from the Club Clustering Methodology across States in the U.S.

, 2018
This paper contributes to the sparse literature on inequality convergence by empirically testing convergence across states in the U.S. This sample period encompasses a series of different periods that the existing literature discusses -- the Great ...
Apergis, Nicholas, Christou, Christina, Gupta, Rangan, Miller, Stephen M   +3 more
core   +1 more source

Panel Data Models with Unobserved Multiple Time - Varying Effects to Estimate Risk Premium of Corporate Bonds [PDF]

We use a panel cointegration model with multiple time- varying individual effects to control for the enigmatic missing factors in the credit spread puzzle.
Alois Kneip, Oualid Bada
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The size of the underground economy in Japan [PDF]

This paper empirically analyzes the size of the underground economy in Japan. The results show that (i) the size of the underground GDP peaked in the early 1990s but has been declining since; (ii) the underground economy reached its peak in around 1992 ...
Hamori, Shigeyuki, Kanao, Koji
core   +1 more source

Asymmetric generalized impulse responses and variance decompositions with an application [PDF]

This paper introduces asymmetric impulse response functions and asymmetric variance decompositions. It is shown how the underlying variables can be transformed into cumulative positive and negative changes in order to estimate the impulses to an ...
Hatemi-J, Abdulnasser
core   +1 more source