Search results for "Panel"
showing 10 items of 420 documents
Panel Conditioning or SOCRATIC EFFECT REVISITED: 99 Citations, but is there Theoretical Progress?
2020
In a paper published as early as 1987 by Jagodzinski, Kuhnel and Schmidt on attitude measurement in a three wave panel study, we established empirically a general orientation toward foreign employees in Western Germany called “Gastarbeiter”. These items have been continuously used from 1980 till now in the ALLBUS studies (Wasmer and Hochman 2019). In this paper, we have analyzed how the citation, explanation and modeling of the Socratic effect for explaining changes in panel data developed over time starting with the original paper of Jagodzinski et al. (1987). According to Google Scholar retrieved at 24.1.2019, 99 citations were found, which are all listed in the Online Supplementary. From…
Imperfect information and consumer inflation expectations:evidence from microdata
2017
This paper explores which factors trigger an adjustment in consumers’ inflation expectations and looks at the implications regarding forecast errors. We find support for imperfect information models, as inflation volatility and news trigger an adjustment in expectations. Furthermore, we document that individual expectations become more accurate if they have been adjusted.
Testing for hysteresis in unemployment in OECD countries. New evidence using stationarity panel tests with breaks†
2006
This paper tests hysteresis effects in unemployment using panel data for 19 Organization for Economic Co-operation and Development (OECD) countries covering the period 1956–2001. The tests exploit the cross-sectional variations of the series, and additionally, allow for a different number of endogenous breakpoints in the unemployment series. The critical values are simulated based on our specific panel sizes and time periods. The findings stress the importance of accounting for exogenous shocks in the series and support the natural-rate hypothesis of unemployment for the majority of the countries analysed.
Sigma-convergence in the OECD: Transitional Dynamics or Narrowing Steady State Differences?
2002
The empirical literature of growth has steadly improved the econometric methods used mainly to address the effect of cross-country heterogeneity in the estimated convergence rate. In this paper, we highlight an important implication of this process of econometric refinement that has so far received little attention. We show that the picture that emerges from models that allow for generalised heterogeneity changes our view of the process of convergence within the OECD. Estimation methods that allow for non or partial heterogeneity stress the importance of transitional dynamics in the process of convergence. Thus sigma-convergence is mostly accounted for by beta-convergence. On the contrary, …
Can fiscal policy stimulus boost economic recovery
2011
We assess the role played by fiscal policy in explaining the dynamics of asset markets. Using a panel of ten industrialized countries, we show that a positive fiscal shock has a negative impact in both stock and housing prices. However, while stock prices immediately adjust to the shock and the effect of fiscal policy is temporary, housing prices gradually and persistently fall. Consequently, the attempts of fiscal policy to mitigate stock price developments (e.g. via taxes on capital gains) may severely de-stabilize housing markets. The empirical findings also point to significant fiscal multiplier effects in the context of severe housing busts, which gives rise to the importance of the im…
Assessing pupils' skills : Implications for research in education
2010
10002; The object of this article is the structure and evolution of skills developed by pupils at primary level. Starting from an analysis of the panel data provided by the French Ministry of Education, the main object of this paper is an original measurement of skills using structural models. The findings of this research raise two complementary issues. The first issue concerns the cross-curricular nature of skills suggesting a logic of disciplinary interdependence. The acquisition of a skill may be strongly correlated to the acquisition of other skills belonging to the same subject area or to other subject areas. The notion of a set of skills is used to account for the connections between…
Sustainability and supply chain infrastructure development
2012
PurposeThis study aims to examine logistics infrastructure, trade differences, and environmental and social equity factors, for a set of 89 countries.Design/methodology/approachFollowing recent work which uses secondary data sources for supply chain research at the country‐level, data were obtained from the World Bank and International Monetary Fund databases. Data envelopment analysis (DEA) was used to compute country‐level efficiencies and ANOVA was used to do regional comparisons.FindingsThe analysis shed light on country‐level dimensions of logistics infrastructure and trade performance. It also provided insights regarding environmental (e.g. CO2 emissions) and social equity (e.g. healt…
Familiarity and liking playing a role on the perception of trained panelists: A cross-cultural study on teas
2015
Consumers cultural background is known to influence their food choice. To better understand the sensory perception across cultures, it is helpful to work with both a descriptive panel and consumers. This study examined how tea products of differing fermentation levels were described and liked by different cultures. Seven tea samples were evaluated by Korean and French trained panels and consumers. The trained panels evaluated the samples on appearance, flavor, and mouthfeel. The consumers rated the samples on acceptability and familiarity. The result indicated that both descriptive panels experienced varying degrees of taste and odor cross-modal interaction. On the unfamiliar samples, Frenc…
Testing relations between group cohesion and satisfaction in project teams: A cross-level and cross-lagged approach
2014
Based on a two-dimensional perspective of group cohesion, this study examines the emergence of task cohesion and interpersonal cohesion in project teams and their roles in changes in members’ individual satisfaction with the team. Specifically, we tested a direct-effect and mediation model of the cross-level relationship between team task and interpersonal cohesion and individual satisfaction with the team over time. With a sample of 74 newly created project teams, the hypotheses were tested using a two-wave panel design. Results indicate that task cohesion emerges more strongly than interpersonal cohesion during the first stages of work in project teams. Moreover, the cross-lagged relation…
Team climate, climate strength and team performance: a longitudinal study
2009
We tested the hypothesis that the relationship between team climate and team performance is moderated by climate strength. The study sample was composed of 155 bank branches, and a two-wave panel design was implemented. We measured four team climate facets (support, innovation, goal achievement and enabling formalization). We obtained two subjective indicators of team performance (ratings provided by team members and by team managers) and a financial indicator of team performance. Seven out of the 12 interaction effects tested were statistically significant and showed the expected sign. When financial team performance was the criterion, only the interaction term was significant. This sugges…