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  1. All fluctuations are not created equal
    the differential roles of transitory versus persistent changes in driving historical monetary policy
    Author: Ashley, Richard A.; Tsang, Kwok Ping; Verbrugge, Randal
    Published: 2018
    Publisher:  Federal Reserve Bank of Cleveland, [Cleveland, OH]

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    Language: English
    Media type: Book
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    Series: Working paper / Federal Reserve Bank of Cleveland ; 18, 14 (October 2018)
    Subjects: Taylor rule; Great Inflation; intermediate target; natural rate; persistence; dependence
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  2. The covariance structure of East and West German incomes and its implications for the persistance of poverty and inequality
    Author: Biewen, Martin
    Published: 2002
    Publisher:  IZA, Bonn

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    Media type: Book
    Format: Print
    RVK Categories: QB 910 ; QB 910
    DDC Categories: 300; 330
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; No. 459
    Subjects: Einkommensverteilung; Armut; Soziale Mobilität; Schätzung; Korrelation
    Other subjects: (stw)Einkommensverteilung; (stw)Armut; (stw)Soziale Mobilität; (stw)Schätzung; (stw)Westdeutsche Bundesländer; (stw)Ostdeutschland; (stw)Deutschland; (stw)Korrelation; Online-Publikation; Arbeitspapier; persistence; Arbeitspapier; Graue Literatur
    Scope: 46 S., graph. Darst., 21 cm
    Notes:

    Literaturverz. S. 27 -29
  3. The covariance structure of East and West German incomes and its implications for the persistence of poverty and inequality
    Author: Biewen, Martin
    Published: 2002
    Publisher:  Univ., Dep. of Economics, Heidelberg

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    Media type: Book
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    RVK Categories: QB 910 ; QB 910
    DDC Categories: 330; 380; 650; 670
    Edition: Version: January 2002
    Series: Discussion paper series / Department of Economics ; No. 370
    Subjects: Einkommensverteilung; Armut; Soziale Mobilität; Schätzung; Korrelation
    Other subjects: (stw)Einkommensverteilung; (stw)Armut; (stw)Soziale Mobilität; (stw)Schätzung; (stw)Westdeutsche Bundesländer; (stw)Ostdeutschland; (stw)Deutschland; (stw)Korrelation; Online-Publikation; Arbeitspapier; persistence; Arbeitspapier; Graue Literatur
    Scope: 44 S., graph. Darst., 21 cm
    Notes:

    Literaturverz. S. 26 - 27
  4. The covariance structure of East and West German incomes and its implications for the persistence of poverty and inequality
    Author: Biewen, Martin
    Published: 2002
    Publisher:  DIW, Berlin

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  5. French and British colonial legacies in education
    evidence from the partition of Cameroon
    Author: Dupraz, Yannick
    Published: 2017
    Publisher:  The University of Warwick, Centre for Competitive Advantage in the Global Economy, Department of Economics, Coventry, United Kingdom

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    Series: Working paper series / Centre for Competitive Advantage in the Global Economy ; no. 333 (July 2017)
    Subjects: Africa; colonization; education; persistence; border discontinuity
    Scope: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  6. Measuring trends and persistence in capital and labor misallocation
    Author: Bun, Maurice J. G.; Winter, Jasper de
    Published: [2019]
    Publisher:  De Nederlandsche Bank NV, Amsterdam, the Netherlands

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    Series: Working paper / De Nederlandsche Bank NV ; no. 639 (June 2019)
    Subjects: misallocation; panel data; persistence; productivity
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  7. Beasts of burden, trade, and hierarchy
    the long shadow of domestication
    Author: Link, Andreas
    Published: March 2023
    Publisher:  BGPE, Bavarian Graduate Program in Economics, Erlangen

    This paper studies how the prehistoric geographic distribution of domesticable transport animal species has contributed to shaping differences in development. I identify the historic ranges of the ten animal species that are (1) suitable for... more

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    This paper studies how the prehistoric geographic distribution of domesticable transport animal species has contributed to shaping differences in development. I identify the historic ranges of the ten animal species that are (1) suitable for domestication and (2) suitable for carrying loads. Based on these ranges, I create a measure of the prehistoric presence of domesticable transport animals around the world. The empirical analysis reveals a strong relationship between the historic presence of domesticable transport animals and the emergence of ancient long-distance trade routes and early forms of hierarchy. Historical access to domesticable transport animals also continued to matter in the long run: Pre-industrial ethnic groups living in regions historically home to domesticable transport animals were more involved in trade and had built more complex hierarchical structures. Moreover, these groups developed greater numerical skills, larger levels of labor specialization, and higher levels of class stratification, thus underscoring the broad cultural and developmental impacts exerted by historical access to domesticable transport animals.

     
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    hdl: 10419/283354
    Series: BGPE discussion paper ; no. 224
    Subjects: Domestication; hierarchy; long-distance trade; persistence
    Scope: 1 Online-Ressource (circa 83 Seiten), Illustrationen
  8. Precious metal prices
    a tale of four U.S. recessions
    Author: Agnese, Pablo; Garcia-del-Barrio, Pedro; Gil-Alaña, Luis A.; Perez de Gracia, Fernando
    Published: March 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still... more

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    This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still is the most prominent safe haven asset within this particular asset class. Our analysis highlights gold's traditional role as a hedge against market uncertainty in post-pandemic new era, thus retaining its status quo as a store of value during economic contractions.

     
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    Format: Online
    Other identifier:
    hdl: 10419/272639
    Series: Discussion paper series / IZA ; no. 16012
    Subjects: precious metal prices; U.S. recessions; persistence; COVID-19
    Scope: 1 Online-Ressource (circa 17 Seiten), Illustrationen
    Notes:

    Dokument gelöscht auf Wunsch der Autor:in bzw. der Herausgeber:in
  9. Nudging in complex environments
    Author: Koch, Alexander K.; Mønster, Dan; Nafziger, Julia
    Published: 17 May 2023
    Publisher:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Series: Array ; DP18148
    Subjects: Nudging; spillover e ects; attention; reminders; persistence; game-based experiments
    Scope: 1 Online-Ressource (circa 97 Seiten), Illustrationen
  10. The Power of Narratives
    Anti-Black Attitudes and Violence in the US South
    Author: Masera, Federico; Rosenberg, Michele; Walker, Sarah
    Published: 2022
    Publisher:  SSRN, [S.l.]

    Systematic discrimination and violence against minorities are enduring phenomena. This paper investigates the role of racist narratives in sustaining discriminatory attitudes and collective violence against the Black population in the United States... more

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    Systematic discrimination and violence against minorities are enduring phenomena. This paper investigates the role of racist narratives in sustaining discriminatory attitudes and collective violence against the Black population in the United States South from 1865 to today. Leveraging plausible exogeneity in excess deaths from the Civil War, we show that white sex imbalances precipitated a fear of racial mixing, fostering an increase in the prevalence of an association between "Black men" and “sexual predators" in local newspapers. Sex imbalances also increased the demand for segregation, incidence of lynching for alleged sexual offenses, and explicit racial attitudes. This narrative persisted beyond the immediate aftermath of the war, shaping discrimination and collective violence over 150 years

     
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    Series: UNSW Business School Research Paper
    Subjects: narratives; discrimination; racial violence; persistence; sex imbalances
    Scope: 1 Online-Ressource (47 p)
    Notes:

    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 16, 2022 erstellt
  11. Once upon a time in Anatolia
    the long run development effects of American missions in Anatolia
    Author: Ersan, Yaşar; Özen, İlhan Can
    Published: [2022]
    Publisher:  Economic Research Center, [Ankara]

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    Edition: This version: February 6, 2022
    Series: ERC working papers in economics ; 22, 01 (January 2022)
    Subjects: Middle East; American missionaries; economic development; human capital; persistence
    Scope: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  12. Immigration and nationalism in the long run
    Author: Lang, Valentin; Schneider, Stephan A.
    Published: August 2023
    Publisher:  CESifo, Munich, Germany

    During recent waves of immigration, support for nationalist parties has increased in many countries, but the political backlash against immigration differs strongly across regions. We identify an underlying cause for these differences by studying how... more

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    During recent waves of immigration, support for nationalist parties has increased in many countries, but the political backlash against immigration differs strongly across regions. We identify an underlying cause for these differences by studying how local experience with immigration shapes nationalist sentiment and electoral reactions to current immigration in the long run. Our analysis draws on a natural experiment in post-war Germany, where a short-term demarcation of occupation zones led to a discontinuous and quasi-exogenous distribution of forced migrants. Across this border, the population share of migrants differed by 12 percentage points. Applying a spatial regression discontinuity design, we combine historical migration records with panel data at the municipality level for the 1925-2021 period. The results reveal a substantially weaker backlash against contemporary immigration in regions where more migrants settled in the late 1940s. This historical experience reduces the nationalist backlash by about 20 percent. High levels of immigration activate this effect over a period of at least 70 years. To study the mechanisms, we conduct a geocoded survey with a randomized experiment and open-ended questions in the study region. We find that both family history and local collective memory of successful immigrant integration contribute to these effects. The results of the randomized experiment are consistent with the natural experiment, revealing how experience with immigration can curb nationalism.

     
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    hdl: 10419/279372
    Series: CESifo working papers ; 10621 (2023)
    Subjects: migration; nationalism; persistence; voting behavior
    Scope: 1 Online-Ressource (circa 111 Seiten), Illustrationen
  13. Persistent marijuana use
    evidence from the NLSY
    Author: Hansen, Jörgen; Davalloo, Golnaz
    Published: September 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We analyze persistence in marijuana consumption utilizing data from the 1997 cohort of the National Longitudinal Survey of Youth (NLSY97). We allow for three sources of persistence: pure state dependence, time invariant unobserved heterogeneity and... more

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    We analyze persistence in marijuana consumption utilizing data from the 1997 cohort of the National Longitudinal Survey of Youth (NLSY97). We allow for three sources of persistence: pure state dependence, time invariant unobserved heterogeneity and persistence in idiosyncratic, time-varying shocks. We also consider intensity of consumption based on days of use per month and estimate a dynamic ordered Probit model using simulated Maximum Likelihood. We consider a Polya model that generalizes the more commonly used Markov models. The results show that there is a causal eect of previous use. However, ignoring unobserved heterogeneity and serially correlated shocks signicantly exaggerates the state dependence.

     
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    hdl: 10419/279144
    Series: Discussion paper series / IZA ; no. 16446
    Subjects: marijuana; persistence; state dependence; Polya model; unobserved heterogeneity; dynamic ordered probit; simulation; NLSY
    Scope: 1 Online-Ressource (circa 47 Seiten)
  14. Individual credit market experience and beliefs about bank lending policy
    evidence from a firm survey
    Author: Fidrmuc, Jarko; Hainz, Christa; Hölzl, Werner
    Published: April 2023
    Publisher:  ifo Institute - Leibniz Institute for Economic Research at the University of Munich, Munich, Germany

    We study how firms' individual credit market experience influences their beliefs about the bank lending policy, using the Austrian Business Survey between 2011 and 2016. Firms which have recently experienced a loan rejection are more likely to... more

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    We study how firms' individual credit market experience influences their beliefs about the bank lending policy, using the Austrian Business Survey between 2011 and 2016. Firms which have recently experienced a loan rejection are more likely to believe that the lending policy is restrictive. We see similar effects for firms who were granted loans, but with conditions worse than anticipated. Exploiting the panel structure shows that firms without recent credit market experience are less likely to change their beliefs, which converge towards the middle category. Our findings are in line with theories of rational inattention and with asymmetric experience effects.

     
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    Other identifier:
    hdl: 10419/272299
    Series: Ifo working papers ; 392 (2023)
    Subjects: Formation of beliefs; rational inattention; pessimism; persistence; behavioral macroeconomics
    Scope: 1 Online-Ressource (circa 41 Seiten)
    Notes:

    Erscheint auch als Druck-Ausgabe
  15. Nudging in complex environments
    Author: Koch, Alexander K.; Monster, Dan; Nafziger, Julia
    Published: May 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    To study the effects of reminder nudges in complex environments, we apply a novel experimental approach based on a computer game in which decision makers have to pay attention to and perform multiple actions within a short period of time. The set-up... more

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    To study the effects of reminder nudges in complex environments, we apply a novel experimental approach based on a computer game in which decision makers have to pay attention to and perform multiple actions within a short period of time. The set-up allows us, first, to test the effect of reminders both on reminded and non-reminded actions and thus to observe whether reminders have (positive or negative) spillovers. Second, we investigate spillovers between multiple nudges by testing the effect of scaling up the number of reminded actions. Third, we study intertemporal spillovers by investigating whether the effects of having been exposed to reminders persist after reminders are withdrawn. We observe that reminders have positive effects in the short run - multiple reminders more so than single reminders: while reminders lead to crowding-out of non-reminded actions, the positive effect on the reminded actions dominates. Yet, after withdrawal of the reminders, the negative spillover effect persists, while the positive effect partially fades out so that, overall, reminders have no effect.

     
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    Other identifier:
    hdl: 10419/272764
    Series: Discussion paper series / IZA ; no. 16137
    Subjects: nudging; spillover effects; attention; reminders; persistence; game-based experiments
    Scope: 1 Online-Ressource (circa 96 Seiten), Illustrationen
  16. Local projection based inference under general conditions
    Author: Xu, Ke-Li
    Published: January 4, 2023
    Publisher:  CAEPR, Center for Applied Economics and Policy Research, [Bloomington, IN]

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    Series: CAEPR working paper ; #2023, 001
    Subjects: Impulse response; local projection; persistence; semiparametric efficiency; uniform inference
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  17. Persistence in world export patterns and productive capabilities across two globalizations
    Author: Weber, Isabella; Semieniuk, Gregor; Liang, Junshang; Westland, Tom
    Published: 2022
    Publisher:  University of Massachusetts Amherst, Amherst

    We construct a new global commodity-level export dataset to analyze the persistence of export patterns as proxies of productive capabilities across the first and the current waves of globalization. We find that productive capabilities are... more

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    We construct a new global commodity-level export dataset to analyze the persistence of export patterns as proxies of productive capabilities across the first and the current waves of globalization. We find that productive capabilities are path-dependent and historical capabilities are powerful predictors of countries' incomes today. This is robust to controlling for persistence in geography, institutions, and colonial status, and confirmed by instrumenting past capabilities with asymmetric reductions in travel times following the switch from sailing to steamboats. We also show that the "great specialization" in primary goods and manufacturing goods exporters coincided with a great polarization in global diversification levels.

     
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    hdl: 10419/267001
    Series: Economics Department working paper series ; 2022, 11
    Subjects: persistence; globalization; productive capabilities; development; global export patterns
    Scope: 1 Online-Ressource (circa 113 Seiten), Illustrationen
  18. Forced migration and local economic development
    evidence from postwar hungary
    Author: Borbely, Daniel; Mckenzie, Ross
    Published: [2021]
    Publisher:  Department of Economics, University of Strathclyde, Glasgow

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    Series: Strathclyde discussion papers in economics ; no 21, 7
    Subjects: forced migration; economic development; minorities; trust; persistence; regional inequality
    Scope: 1 Online-Ressource (circa 68 Seiten), Illustrationen
  19. Nudging in complex environments
    Author: Koch, Alexander K.; Mønster, Dan; Nafziger, Julia
    Published: [2023]
    Publisher:  Aarhus BSS, Department of Economics and Business Economics, Aarhus University, [Aarhus]

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    Series: Economics working papers ; 2023, 06
    Subjects: Nudging; spillover effects; attention; reminders; persistence; game-based experiments
    Scope: 1 Online-Ressource (circa 96 Seiten), Illustrationen
  20. Persistence in tax revenues
    evidence from some OECD countries
    Author: Caporale, Guglielmo Maria; Tapia, Silvia García; Gil-Alaña, Luis A.
    Published: September 2023
    Publisher:  CESifo, Munich, Germany

    This paper examines persistence in tax revenues in a set of 21 OECD countries over the period 1965-2021 using long-range dependence techniques based on fractional integration. The results imply that there are only a few cases of mean reversion: one... more

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    This paper examines persistence in tax revenues in a set of 21 OECD countries over the period 1965-2021 using long-range dependence techniques based on fractional integration. The results imply that there are only a few cases of mean reversion: one for total revenue (Switzerland); three for VAT (Belgium, Italy, and Spain), and six for tax on income (Austria, Belgium, Finland, Spain, Sweden and USA). The analysis is also carried out for inflation in the same set of countries. Again the I(1) hypothesis cannot be rejected in most cases, mean reversion only occurring in Korea, Iceland, Norway and Sweden. However, stronger evidence of mean reversion is found for the differences between the three original tax series and inflation compared to the tax series themselves, which points to the existence of a linkage between taxation and inflation, especially in the case of VAT and tax on income.

     
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    hdl: 10419/282370
    Series: CESifo working papers ; 10682 (2023)
    Subjects: revenues; taxes; persistence; fractional integration; long memory
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  21. Long-run trends and cycles in US house prices
    Author: Caporale, Guglielmo Maria; Gil-Alaña, Luis A.
    Published: November 2023
    Publisher:  CESifo, Munich, Germany

    This paper analyses US nominal house prices at an annual frequency over the period from 1927 to 2022 by means of a very general time series model. This includes both a (linear and non-linear) deterministic and a stochastic component, with the latter... more

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    This paper analyses US nominal house prices at an annual frequency over the period from 1927 to 2022 by means of a very general time series model. This includes both a (linear and non-linear) deterministic and a stochastic component, with the latter allowing for fractional orders of integration at both the long-run and the cyclical frequencies. The results are heterogeneous depending on the model specification and on whether or not the series have been logged. Specifically, a linear model appears to be more appropriate for the logged data whilst a non-linear one appears to be a better fit for the original ones. Further, the order of integration at the zero or long-run frequency is much higher than at the cyclical one. The former is in fact around 1 in all specified models, which implies a high degree of persistence of this component. Finally, the order of integration of the cyclical structure implies that cycles have a periodicity of about 8 years, but it is almost insignificant in all cases.

     
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    hdl: 10419/282439
    Series: CESifo working papers ; 10751 (2023)
    Subjects: US house prices; trends; cycles; persistence; long memory; fractional integration
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  22. Persistence and seasonality in the US industrial production index
    Author: Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Poza, Carlos; Baños Izquierdo, Alvaro
    Published: November 2023
    Publisher:  CESifo, Munich, Germany

    This paper uses a seasonal long-memory model to capture the behaviour of the US Industrial Production Index (IPI) over the period 1919Q1-2022Q4. This series is found to display a large value of the periodogram at the zero, long-run frequency, and to... more

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    This paper uses a seasonal long-memory model to capture the behaviour of the US Industrial Production Index (IPI) over the period 1919Q1-2022Q4. This series is found to display a large value of the periodogram at the zero, long-run frequency, and to exhibit an order of integration around 1. When first differences (of either the original data or their logged values) are taken, evidence of seasonality is obtained; more specifically, deterministic seasonality is rejected in favour of a seasonal fractional integration model with an order of integration equal to 0.14 for the original data and 0.29 for their logged values, which implies the presence of a seasonal long-memory mean reverting pattern.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282444
    Series: CESifo working papers ; 10756 (2023)
    Subjects: industrial production index; seasonality; persistence; fractional integration
    Scope: 1 Online-Ressource (circa 13 Seiten), Illustrationen
  23. The covariance structure of East and West German incomes and its implications for the persistence of poverty and inequality
    Author: Biewen, Martin
    Published: 2002
    Publisher:  Univ., Dep. of Economics, Heidelberg

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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    Signature:
    1 : Z 104.52:370
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    Location:
    Campusbibliothek Bergheim der Universität
    Signature:
    WS/Z UHD.02
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    Location:
    Badische Landesbibliothek
    Signature:
    102 K 1720
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    Location:
    Universitätsbibliothek Kiel, Zentralbibliothek
    Signature:
    WP 8-370
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 235 (370)
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    Württembergische Landesbibliothek
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    52C/3673
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Discussion paper series / Universität Heidelberg, Department of Economics ; 370
    Subjects: Einkommensverteilung; Armut; Soziale Mobilität; Schätzung; Westdeutsche Bundesländer; Ostdeutschland; Deutschland; Korrelation; persistence
    Scope: 44 S., graph. Darst.
    Notes:

    Literaturverz. S. 26 - 27
  24. Die Grenzen persistenter Welten – Strategien der immersive environments
    Author: Holmer, Sebastian
    Published: 2012
    Publisher:  Philipps-Universität Marburg, Marburg ; KIT Scientific Publishing, Karlsruhe

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    Source: Union catalogues
    Contributor: Gehmann, Ulrich (Herausgeber)
    Language: German
    Media type: Book
    Format: Online
    Other identifier:
    Subjects: Spieler; Spiel
    Other subjects: persistent world; persistence; video game; media theory; Immersion; persistente Welt; Persistenz; Videospiel; Game Studies; Medientheorie
    Scope: Online-Ressource
    Notes:

    In: Sebastian Holmer: Die Grenzen persistenter Welten – Strategien der immersive environments. In: Ulrich Gehmann (Hg.): Virtuelle und ideale Welten. Karlsruhe: KIT Scientific Publishing (2012) (Technikdiskurse: Karlsruher Studien zur Technikgeschichte 8), S. 157–168.
  25. The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality
    Author: Biewen, Martin
    Published: 2002
    Publisher:  Deutsches Institut für Wirtschaftsforschung (DIW), Berlin

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