Search results for "Panel"
showing 10 items of 420 documents
Bank-specific shocks and aggregate leverage: Empirical evidence from a panel of developed countries
2020
International audience; This paper investigates the link between shocks in the banking sector and aggregate leverage measured by the credit-to-GDP gap. Using a balanced panel of 15 countries for the period 1989–2016, we exploit the approach due to Gabaix (2011) and consider banking granular shocks as an indicator of banking distress. Using methods that account for potential endogeneity, we find that banking shocks Granger-cause aggregate leverage. In particular, banking shocks tend to increase the level of leverage and cause departures of the credit-to-GDP ratio from its long-term trend.
Home Country Institutions and Outward FDI: An Exploratory Analysis in Emerging Economies
2020
Although the internationalization of economies is driven by specific industry conditions or business-specific differences, the institutions that exist as background conditions directly determine firms&rsquo
A Green Mesh Routers' Placement to Ensure Small Cells Backhauling in 5G Networks
2017
International audience; The wireless industry is preparing the fifth generation wireless systems with several requirements regarding capacity and coverage area. A promising solution to meet this challenge is a densification of the network via a large scale deployment of small cells from different sizes. The advantage here is that small cells are easy to deploy and cost-efficient compared to macro base stations. However, the challenge is to ensure a reliable backhaul links. Mesh routers backhauling is one of the candidate solutions here, since it is easy to deploy, doesn't use wired connections between locations and cost-efficient. Nevertheless, the issue is to deploy routers in the suitable…
Influence of column shear failure on pushover based assessment of masonry infilled reinforced concrete framed structures: A case study
2017
Structural frames, constructed either of steel or reinforced concrete (RC), are often infilled with masonry panels. However, during the analysis of the structural frames, it has become common practice to disregard the existence of infills because of the complexity in modeling. This omission should not be allowed because the two contributions (of infills and of frames) complement each other in providing a so different structural system. The use of different modeling assumptions significantly affects the capacity as well as the inelastic demand and safety assessment. In specific, the adoption of equivalent diagonal pin-jointed struts leaves open the problem of the evaluation of the additional…
Catastrophic health expenditure: A comparative analysis of smoking and non-smoking households in China.
2020
Introduction Smoking is hazardous to health and places a heavy economic burden on individuals and their families. Clearly, smoking in China is prevalent since China is the largest consumer of tobacco in the world. Chinese smoking and nonsmoking households were compared in terms of the incidence and intensity of Catastrophic Health Expenditures (CHEs). The factors associated with catastrophic health expenditures were analyzed. Methods Data for this study were collected from two waves of panel data in 2011 and 2013 from the national China Health and Retirement Longitudinal Study (CHARLS). A total of 8073 households with at least one member aged above 45 were identified each year. Catastrophic…
Utopiju un antiutopiju iezīmes Luisas Lorijas Romānā “Devējs”
2016
Pašreizējais darbs ir veltīts Luisas Lorijas romāna Devējs analīzei. Pētījuma mērķis ir uzzināt kāda ir literāro utopiju un antiutopiju izcelsme un to attīstība, kādas raksturīgās iezīmes ir atrodamas ievērojamu utopiju un antiutopiju autoru darbos, un, lai atklātu kuras iezīmes Lorijas darbam ir kopīgas ar Tomasa Mora, Tommazo Kampanellas un citu utopiju un antiutopiju autoru darbiem. Pētījumā tiek izmantotas satura analīzes, uzmanīga lasījuma, un interpretācijas metodes. Galvenie rezultāti parāda, ka ideja par utopisku vietu pastāv jau vairākus gadsimtus, un, ka antiutopiskā literatūra parādījās kā atbilde uz cilvēces neveiksmīgajiem mēģinājumiem radīt reālas utopiskas kopienas. Tika izda…
Cell of origin markers identify different prognostic subgroups of lung adenocarcinoma
2018
Strong prognostic markers able to stratify lung adenocarcinoma (ADC) patients are lacking. We evaluated whether a six-immunohistochemical markers panel (TTF1, SP-A, Napsin A, MUC5AC, CDX2 and CK5), defining the putative neoplastic “cell of origin,” allows to identify prognostic subgroups among lung ADC. We screened a large cohort of ADC specimens (2003–2013) from Torino Institutional Repository identifying: (i) marker positivity by immunohistochemistry, (ii) main morphological appearance by light microscopy, (iii) presence of “hotspot” mutations of candidate genes by Sequenom technology. To evaluate possible predictors of survival and time to recurrence, uni- and multivariable-adjusted comp…
The Global Side of the Investment-Saving Puzzle
2009
In this paper, we reexamine the long-standing and puzzling correlation between national saving and investment in industrial countries. We apply an econometric methodology that allows us to separate idiosyncratic correlation at the country level from correlation at the global level. In a major break with the existing literature, we find no evidence of a long-run relationship in the idiosyncratic components of saving and investment. We also find that the global components in saving and investments commove, indicating that they react to shocks of a global nature.
Technology spillover effects within Spanish communities
2017
ABSTRACTThe article uses panel data for the period 1990–2010 to estimate technology spillover effects on 17 Spanish communities. Accounting for nonstationarity and cointegration, we use the dynamic OLS estimator to estimate the impact of domestic and non-domestic R&D capital stock on labour productivity of Spanish communities, taking into account trade-, migration- and foreign direct investment (FDI)-related technology diffusion channels. We find significant trade-related spillover effects within Spanish communities and from EU countries. On average, an increase in the non-domestic R&D stock of 1% increases their labour productivity between 0.02% and 0.12% if related to bilateral trade patt…
Is the ‘euro effect’ on trade so small after all? New evidence using gravity equations with panel cointegration techniques
2014
In this paper we present new evidence on the aggregate effect of the euro on trade using data for 26 OECD countries for the period 1967–2008. We strive to fill the gaps present in the previous literature through a second-generation panel cointegration tests and estimators that account for both cross-section dependence in the data and discontinuities in the deterministic and the cointegrating vector in the time dimension. This approach allows us to put the adoption of the euro by EMU members in historical perspective. We argue that the creation of the EMU is best interpreted as a progression of policy changes. Once we control for all of them the euro effect decreases considerably but is stil…