575 datasets found

The ifo Education Survey is an annual representative public opinion poll which surveys the adult German population since 2014. The ifo Education Survey covers a wide range of...

This paper compares the familiar probit model with three semiparametric estimators of binary response models in an application to labour market participation of married women....

The dramatically rising health expenditures have become a matter of prime concern. Using a rich panel dataset this paper contributes to this debate by investigating factors...

East-West migration in Germany peaked at the beginning of the 1990s although the average wage gap between Eastern and Western Germany continues to average about 25%. We analyse...

It is now well established that the volatility of asset returns is time varying and highly persistent. One leading model that is used to represent these features of the data is...

Starting from a linear error correction model (ECM) the stability and linearity of a German M1 money demand function are investigated, applying smooth transition regression...

Most of the empirical applications of the stochastic volatility (SV) model are based on the assumption that the conditional distribution of returns, given the latent volatility...

This paper contributes in three dimensions to the literature on health care demand. First, it features the first application of a bivariate random effects estimator in a count...

This paper develops and estimates a split population model for the duration of temporary layoffs in the German labour market; the population being split according to whether a...

This paper evaluates the German health care reform of 1997, using the individual number of doctor visits as outcome measure and data from the German Socio-Economic Panel for the...

Convergence in the gross domestic product series of five European countries is empirically identified using multivariate time series models that are based on unobserved...

The classical approach to testing for structural change employs retrospective tests using a historical data set of a given length. Here we consider a wide array of...

The objective of this paper is to evaluate the effectiveness of using a Markov switching model to measure the synchronization of business cycles. We use a Bayesian, Gibbs...

We compare 330 ARCH-type models in terms of their ability to describe the conditional variance. The models are compared out-of-sample using DM?$ exchange rate data and IBM...

We propose a general double tree structured AR-GARCH model for the analysis of global equity index returns. The model extends previous approaches by incorporating (i) several...

This paper presents evidence that the equilibrium relationship in a system of nominal exchange rates is best described as a stationary GARMA process. The implementation of the...

Previous euro area money demand studies have used aggregated national time series data from the countries participating in the European Monetary Union (EMU). However,...

Consumption-based equivalence scales are estimated by applying the extended partially linear model (EPLM) to the 1998 German Income and Consumption Survey (EVS). In this model...

This study examines the long-run price relationship and the dynamic price transmission among the USA, Germany, and four major Eastern European emerging stock markets, with...

This paper outlines a class of statistical procedures that permit testing of a broad range of multidimensional stochastic dominance hypotheses and, more generally, welfare...