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The impact of oil-market shocks on stock returns in major oil-exporting countries: A Markov-switching approach
The impact that oil shocks have on stock prices in oil exporting countries has implications for both domestic and international investors. We derive the shocks driving oil prices from a fully-identified structural model ...
A balancing approach: using the living standards framework to assess different retirement income policies
This paper evaluates four retirement income policies that could be adopted in
response to increasing longevity in terms of their marginal effects on economic
performance, equity, risk, social infrastructure, and ...
The true significance of ‘high’ correlations between EQ-5D value sets
High correlation coefficients for EQ-5D value sets derived from different samples, e.g. across countries, are conventionally interpreted as evidence that the people in the respective samples have similar health-related ...
The impact of climate change on crop production in Ghana: A Structural Ricardian analysis
We apply a Structural Ricardian Model (SRM) to farm-level data from Ghana in order to estimate the impact of climate change on crop production. The SRM explicitly incorporates changes in farmers’ crop selection in response ...
Gone with the Wind: International Migration
This paper adds to the literature on the determinants of international migration. First,
we offer a joint analysis of the driving forces of migration capturing year-to-year variations
and long-run effects. Second, we ...
Housing, the ‘Great Income Tax Experiment’, and the intergenerational consequences of the lease
This paper provides an analysis of how the New Zealand tax system may be affecting residential property markets. Like most OECD countries, New Zealand does not tax the imputed rent or capital gains from owner-occupied ...
Access to Financing and Firm Growth: Evidence from Ethiopia
Using Ethiopian firm-level data, we model the effect of different types of financing on firm growth. The form of financing is potentially endogenous to firm growth, and one contribution of this paper is to introduce a new ...
Health Shocks and Child Time Allocation Decisions by Households: Evidence from Ethiopia
Little is currently known about the effects of shocks to parental health on the allocation of children’s time between alternative activities. Using longitudinal data from the Ethiopian Young Lives surveys of 2006 and 2009, ...
Revisiting The Decline In India’s Female Labour Force Participation: The Rise Of Machines And Security Risks
This article posits that the mechanisation of agriculture and security risks have significant negative effects on India’s female labour force participation rate. Despite remarkable economic progress in India, aggregate ...
Mixed Reality Experience Questionnaire (MREQ) -Reference
The Mixed Reality Experience Questionnaire (MREQ) is designed to be used as a measure of a user's sense of presence and their general experienced perception of an Augmented Reality, Virtual Reality, or Augmented Virtuality ...