Showing 1 - 10 of 113
This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multipliers indicate that impact of remittances on...
Persistent link: https://www.econbiz.de/10008764589
Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo simulations on a range of different estimators. We find that Anderson-Hsiao IV, Kiviet's bias-corrected LSDV and GMM estimators all perform well in both short and long panels....
Persistent link: https://www.econbiz.de/10010269265
This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multipliers indicate that impact of remittances on...
Persistent link: https://www.econbiz.de/10010278341
This paper extends the work of Baltagi et al. (2018) to the popular dynamic panel data model. We investigate the robustness of Bayesian panel data models to possible misspecication of the prior distribution. The proposed robust Bayesian approach departs from the standard Bayesian framework in...
Persistent link: https://www.econbiz.de/10012269892
This paper extends the Baltagi et al. (2018, 2021) static and dynamic ?-contamination papers to dynamic space-time models. We investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution. The proposed robust Bayesian approach departs from the...
Persistent link: https://www.econbiz.de/10014296559
Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo simulations on a range of different estimators. We find that Anderson-Hsiao IV, Kiviet’s bias-corrected LSDV and GMM estimators all perform well in both short and long panels....
Persistent link: https://www.econbiz.de/10005761982
, destruction and suffering, but also exposed rampant government corruption involving construction and zoning code violations. The … incompetence shown by the government in providing relief, the corruption allegations in regards to those efforts, and government … sensitivity shown by the electorate to real and perceived corruption implies that corruption problem will be tractable in Turkey …
Persistent link: https://www.econbiz.de/10005822154
likely than non-victims to bribe public officials. Misfortune increases victims’ demand for public services, raising bribery … indirectly, and also increases victims’ propensity to bribe certain officials conditional on using them, possibly because victims … are desperate, vulnerable, or demanding services particularly prone to corruption. The effect is strongest for bribery of …
Persistent link: https://www.econbiz.de/10005822385
This paper analyses how tax morale and countries’ institutional quality affect the shadow economy, controlling in a multivariate analysis for a variety of potential factors. The literature strongly emphasizes the quantitative importance of these factors to understand the level and changes of...
Persistent link: https://www.econbiz.de/10005822679
In this paper, I examine the role of household income in determining who bribes and how much they bribe in health care … in Peru and Uganda. I find that rich patients are more likely than other patients to bribe in public health care … to a bribery rate of 17%. The income elasticity of the bribe amount cannot be precisely estimated in Peru, but is about 0 …
Persistent link: https://www.econbiz.de/10005822739