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Showing result 1 - 5 of 30 essays matching the above criteria.

  1. 1. INFLATION ANDINTEREST : What does high inflation imply?

    University essay from Umeå universitet/Nationalekonomi

    Author : Hugo Sjövall; [2024]
    Keywords : ;

    Abstract : The objective of this paper is to examine the general relationship between the year-onyear inflation-rate and nominal interest rates, contributing to a better understanding of what high inflation implies for nominal rates. Although a heavily researched topic, economists still seem far from a consensus regarding the relation between these two variables; some papers suggest a strong relationship – while others reject the idea of an empirically observable relationship altogether. READ MORE

  3. 2. On the Heterogeneous and Time-Varying Relationship Between Stock Returns and Exchange Rates: Using a Panel Smooth Transition Regression Model

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Basak Edizgil; [2022]
    Keywords : Stock Returns; Exchange Rates; Panel Smooth Transition Regression Model; Non-linear; Pedroni Panel Cointegration;

    Abstract : This paper investigates the heterogeneous and time-varying relationship between stock returns and exchange rates for a panel of 19 countries using a panel smooth transition regression model and evaluates the role of the current account balance. Panel unit root tests indicate that stock market price indices and real effective exchange rates are non-stationary. READ MORE

  4. 3. One slope does not fit all: Investigating Heterogeneity in Cointegration and Panel Methods in the Energy Intensity Literature

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Sara Svensson; [2022]
    Keywords : Panel Data Methods; Heterogeneity; Energy Economics; Environmental Economics; Business and Economics;

    Abstract : This thesis aims to analyze the methods of existing studies on the relationship be- tween energy intensity and economic variables. I study panel data from 42 countries to examine the cointegration between energy intensity and GDP, capital stock, pop- ulation, and CO2 emissions as well as estimate their relationship with a pooled common correlated effects (CCEP) estimator. READ MORE

  5. 4. Corporate Tax Rates and Economic Growth- A panel study of private investment in the OECD countries

    University essay from Göteborgs universitet/Graduate School

    Author : André Esmaili; Kim Lif; [2021-06-30]
    Keywords : Corporate tax rate; Economic growth; GFCF; Cost of capital; Granger- causality; Panel cointegration;

    Abstract : Since the 1980s the corporate tax rate of the OECD countries has been on a downward trend, moving from levels of about 44 percentage points on average down to about 25 percentage points in the 2010s. The objective of this thesis is therefore to study the fall of the corporate tax rate and its impact on private investment in the OECD countries in order to evaluate the efficacy of the corporate tax rate as a tool for policymakers. READ MORE

  6. 5. The CCE model applied to the nexus of real GDP and the insurance market

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Isak Werner; [2021]
    Keywords : Insurance market; economic development; cross-sectional dependence; cointegration; CCE estimation.; Business and Economics;

    Abstract : Existing studies on the relationship between the insurance market and economic development tend to use empirical methods that rely on the unrealistic assumption of cross-sectional independence. This thesis aims to highlight the drawbacks of this assumption. READ MORE