Browsing by Subject "Parameter heterogeneity"
Now showing items 1-3 of 3
-
Article
The effect of public debt on growth in multiple regimes
(2013)We employ a structural threshold regression methodology to investigate the heterogeneous effects of debt on growth using public debt as a threshold variable as well as several other plausible variables. Our methodology ...
-
Article
The local Solow growth model
(2001)This paper generalizes the empirical analysis of the Solow growth model to account for country-specific heterogeneity. This generalization relaxes the assumption made in bulk of empirical growth studies that all countries ...
-
Article
Modeling parameter heterogeneity in cross-country regression models
(2011)We employ various local generalizations of the Solow growth model that model parameter heterogeneity using adult literacy rates and life expectancy at birth. The model takes the form of a semiparametric varying coefficient ...