Browsing by Subject "hypothesis testing"
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(2013)We argue that education exerts positive external effects on health, beyond the standard internal effects documented in the literature. We implement an innovative approach to control for endogeneity and omitted variables ...
Long-run PPP under the presence of near-to-unit roots: The case of the British Pound-US dollar rate (2009)Empirical tests typically provide evidence that the British pound-US dollar exchange rate and the relative wholesale price index contain exact unit roots and exhibit cointegration. However, the cointegrating vector is ...