-
Refereed essays Web of Science
The paper investigates whether transforming a time series leads to an improvement in forecasting accuracy. The class of transformations that is considered is the Box-Cox power transformation, which applies to series measured on a ratio scale. We propose a nonparametric approach for estimating the optimal transformation parameter based on the frequency domain estimation of the prediction error variance, ...
In:
International Journal of Forecasting
29 (2013), 1, S. 88-99
| Tommaso Proietti, Helmut Lütkepohl
-
Refereed essays Web of Science
Many Colombians are confronted with the ongoing conflict that influences their decision making in everyday life, including their behavior in labor markets. This study focuses on the impact of violent conflict on self-employment, enlarging the usual determinants with a set of conflict variables. Our estimation strategy compares three different estimates: one from fixed-effects panel data (OLS-FE), estimates ...
In:
The Journal of Conflict Resolution
57 (2013), 1, S. 117-142
| Carlos Bozzoli,Tilman Brück, Nina Wald
-
Refereed essays Web of Science
For many analysts, the Chinese economy is being spurred on by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with potentially adverse effects on the real economy. The house price development is investigated by panel cointegration techniques. Evidence is based on a data-set for 35 major cities. Cointegration is detected between real house ...
In:
Urban Policy and Research
31 (2013), 1, S. 27-39
| Christian Dreger, Yanqun Zhang
-
Refereed essays Web of Science
In the light of the current economic crises which in many countries lead to business closures and mass lay-offs, the consequences of job loss are important on various dimensions. They have to be investigated not only in consideration of a few years, but with a long-term perspective as well, because early life course events may prove important for later life outcomes. This paper uses data from SHARELIFE ...
In:
Advances in Life Course Research
18 (2013), 1, S. 5-15
| Mathis Schröder
-
Refereed essays Web of Science
This article challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find for a sample of 45 developing countries that: (i) exports have a positive short-run effect on non-export ...
In:
Empirical Economics
45 (2013), 1, S. 39-60
| Christian Dreger, Dierk Herzer
-
Refereed essays Web of Science
We examine the global dimension of inflation in 24 OECD countries between 1980 and 2007 in a Phillips curve framework. We decompose output gaps and changes in unit labour costs into common (or global) and idiosyncratic components using a factor analysis and introduce these components separately in the regression. We find that the common component of changes in unit labour costs has a notable impact ...
In:
Oxford Bulletin of Economics and Statistics
75 (2013), 1, S. 103-122
| Sandra Eickmeier, Katharina Pijnenburg
-
Refereed essays Web of Science
This study investigates whether gender inequality in the division of housework and child care may be an obstacle to childbearing and relationship stability among different groups of British couples. Furthermore, it explores whether outsourcing of domestic labor ameliorates any negative effects of domestic work inequality. The empirical investigation uses event-history analysis based on 14 waves (1992-2005) ...
In:
Journal of Family Issues
34 (2013), 1, S. 25-52
| Pia S. Schober
-
Refereed essays Web of Science
This study examines the importance of prenatal characteristics of men and women in couples for how they change their time spent on housework and paid work after thetransition to parenthood. We focus on both partners' earnings and gender role attitudes as explanatory factors. Previous research explored the importance of women's relative income and both partners' gender role attitudes for the extent ...
In:
European Sociological Review
29 (2013), 1, S. 74-85
| Pia S. Schober
-
Refereed essays Web of Science
This paper empirically investigates the effects of changes in the interest rate as well as in the current and expected future consumer price levels on households' consumption-savings decision. In a structural demand model applied to German consumption data, we use cross-sectional and longitudinal variation in prices and tax rates to construct individual after-tax interest rates and cluster-specific ...
In:
Empirical Economics
45 (2013), 1, S. 371-399
| Martin Beznoska, Richard Ochmann
-
Refereed essays Web of Science
This study investigates the effects of maternal education on child's health and health behavior. We draw on a rich German panel data set containing information about three generations. This allows instrumenting maternal education by the number of her siblings while conditioning on grandparental characteristics. The instrumental variables approach has not yet been used in the intergenerational context ...
In:
Review of Economics of the Household
11 (2013), 1, S. 29-54
| Daniel Kemptner, Jan Marcus