Search results for "Panel"

Policy uncertainty and foreign direct investment

2020

While foreign direct investment (FDI) is known to be the most stable type of international capital flows, it may be particularly susceptible to heightened uncertainty because of its high fixed costs. We investigate the effect of domestic policy uncertainty on FDI inflows into 16 host countries using the OECD bilateral FDI panel data set and the economic policy uncertainty index from 1985 to 2013. The bilateral structure of the data enables us to disentangle pull factors of FDI from its push factors, thereby obtaining a cleaner causal identification of the higher domestic policy uncertainty effect. To alleviate remaining endogeneity concerns, we use the timing of “exogenous” elections as an …

EX-ANTE AND EX-POST MEASUREMENT OF EQUALITY OF OPPORTUNITY IN HEALTH: A NORMATIVE DECOMPOSITION

2013

This paper proposes and discusses two different approaches to the definition of inequality in health: the ex-ante and the ex-post approach. It proposes strategies for measuring inequality of opportunity in health based on the path-independent Atkinson equality index. The proposed methodology is illustrated using data from the British Household Panel Survey; the results suggest that in the period 2000–2005, at least one-third of the observed health equalities in the UK were equalities of opportunity. Copyright © 2013 John Wiley & Sons, Ltd.

Inflation anchoring and growth: The role of credit constraints

2022

Abstract Can inflation anchoring foster growth? To answer this question, we use panel data on sectoral growth for 22 manufacturing industries from 39 advanced and emerging market economies over 1990–2014 and employ a difference-in-differences strategy based on the theoretical prediction that higher inflation uncertainty particularly depresses investment in industries that are more credit constrained. Industries characterized by high external financial dependence, liquidity needs, and R&D intensity, and low asset tangibility, tend to grow faster in countries with well-anchored inflation expectations. The results, based on an IV approach—using indicators of monetary policy transparency and ce…

Interest rate co-movements, global factors and the long end of the term spread

2012

The disconnect between rising short and low long interest rates has been a distinctive feature of the 2000s. Both research and policy circles have argued that international forces, such as global monetary policy (e.g. Rogoff, 2006); international business cycles (e.g. Borio and Filardo, 2007); or a global savings glut (e.g Bernanke, 2005) may be responsible. In this paper, we employ recent advances in panel data econometrics to document the disconnect and link it explicitly to the existence of a global latent factor that dominates the long end of the term spread for the recent period; the saving glut story emerges as the most likely contender for the global factor.

Using store level scanner data to improve category management decisions: Developing positioning maps

2009

This paper provides evidence of the usefulness of aggregated point-of-sale scanner data to infer the positioning of competing brands, providing valuable information for category management and hence facilitating decision making. Specifically, the authors propose a methodology to study the internal market structure based on market share models with latent heterogeneity when only macro-level time series data (not individual choices) are available. The proposed approach assumes a multidimensional decomposition, latent in the preference structure that is implicit to these types of models. By empirically applying this approach, the authors (1) simultaneously identify both latent dimensions of co…

A Finite Difference Model of a PV-PCM System

2012

Abstract The performances of a photovoltaic panel (PV) are defined according to the “peak power” that identifies the maximum electric power supplied by the panel when it receives an insolation of 1 kW/m2 and the temperature of the cell is maintained at 25 °C. These conditions are only nominal since the solar radiation has a variable intensity and also the panel is subjected to thermal excursions; due to these reasons the real power efficiency of the panel is considerably lower than that obtainable in the nominal conditions. The study focused on assessing a method to reduce the peak temperatures of PV systems using Phase Change Materials (PCM). To this aim it was created a numerical model ca…

Interest rate co-movements, global factors and the long end of the term spread

2010

Commentary: Where is International Accounting Research Going? Issues Needing Further Investigation

2019

Abstract A concurrent session at the 2018 American Accounting Association Annual Meeting featured the panel discussion “Where is International Accounting Research Going? Issues Needing Further Investigation.” The panelists summarized major contributions from existing research in international accounting and highlighted the factors and areas that are in need of further investigation. This paper summarizes the panelists’ prepared remarks.

Price Convergence in the European Union

2004

This study investigates the relationship between market integration and price convergence in international markets. Using a panel data set of consumer price indices (general and by groups and classes), it examines how European market integration has affected cross-country dispersion in the European Union.

Interneta veikala pārvaldības sistēma

2015

Interneta veikala pārvaldības sistēma ir pārvaldības sistēma interneta veikalam, kas palīdz interneta veikala administrācijai viegli un ātri pārvaldīt savu interneta veikalu, kā arī piedāvā internetveikala īpašniekiem ērtu pārskatu par reģistrētajiem lietotājiem, grupām, kategorijām, produktiem, akcijām, pasūtījumiem un pasūtītajām precēm. Sistēmai ir trīs lietotāju grupas – nereģistrētie lietotāji, reģistrētie lietotāji un Administrācija. Nereģistrētiem lietotājiem ir iespēja reģistrēties interneta veikalā, lai kļutu par reģistrētiem lietotājiem. Reģistrētie lietotāji var pievienot preces iepirkuma grozam un veiktu pasūtījumus. Administrācijai ir iespēja pārvaldīt interneta veikala saturu.…