Oil and stock prices: New evidence from a time varying homogenous panel smooth transition VECM for seven developing countries

Author(s):  
Resat Ceylan ◽  
Mehmet Ivrendi ◽  
Muhammed Shahbaz ◽  
Tolga Omay
Author(s):  
Marta Marson ◽  
Matteo Migheli ◽  
Donatella Saccone

AbstractAmong the determinants of economic freedom, the presence of different ethnic groups within a country has sometimes been explored by the empirical literature, without conclusive evidence on the sign of the relation, its drivers, and the conditions under which it holds. This paper offers new evidence by empirically modelling how ethnic fragmentation is related to economic freedom, as measured by the Economic Freedom Index and by each of its numerous areas, components and sub-components. The results provide insights on the components driving the effect and, interestingly, detect notable differences between developed and developing countries.


Author(s):  
Knut Aastveit ◽  
Francesco Furlanetto ◽  
Francesca Loria
Keyword(s):  

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