• Article  

      Do institutions rule? The role of heterogeneity in the institutions vs. geography debate 

      Kourtellos, Andros; Stengos, Thanasis; Tan, Chih Ming (2010)
      We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold regression methodology. Our findings suggest that studies that seek to promote mono-causal explanations ...
    • Article  

      The effect of public debt on growth in multiple regimes 

      Kourtellos, Andros; Stengos, Thanasis; Tan, Chih Ming (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  

      Robust multiple regimes in growth volatility 

      Kourtellos, Andros; Stylianou, Ioanna; Tan, Chih Ming (2014)
      In this paper, we uncover growth volatility regimes and identify their robust determinants using a large international panel of countries. In doing so, we propose a novel empirical methodology that allows us to simultaneously ...
    • Article  

      Status Traps 

      Durlauf, Steven N.; Kourtellos, Andros; Tan, Chih Ming (2017)
      In this article, we explore nonlinearities in the intergenerational mobility process using threshold regression models. We uncover evidence of threshold effects in children's outcomes based on parental education and cognitive ...