Browsing Τμήμα Οικονομικών / Department of Economics by Subject "model"

Now showing items 1-5 of 5

    • Article  

      Demographic versus expenditure flexibility in Engel curves 

      Lyssiotou, Panayiota Flori; Pashardes, Panos; Stengos, Thanasis (2008)
      We consider the effects of demographic and expenditure variables on consumer demand in a system of Engel curves using a smooth coefficient semiparametric model where the expenditure effects on the budget shares vary ...
    • Article  

      Dynamic analysis of British demand for tourism abroad 

      Lyssiotou, Panayiota Flori (2000)
      This paper investigates how preference endogeneity, in the form of habit persistence, can affect short-run and long-run tourism expenditure decisions. The proposed model is applied to British quarterly data over the period ...
    • Article  

      Global versus local shocks in micro price dynamics 

      Andrade, Philippe; Zachariadis, Marios (2016)
      A number of recent papers point to the importance of distinguishing between the price reaction to macro and micro shocks. We emphasize instead the importance of distinguishing between global and local shocks. We exploit a ...
    • Article  

      The local Solow growth model 

      Durlauf, Steven N.; Kourtellos, Andros; Minkin, Artur (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  

      Welfare effects of migration in societies with indirect taxes, income transfers and public good provision 

      Michael, Michael S.; Hatzipanayotou, Panos (2001)
      We construct a general equilibrium trade model of a two-class small open host or source country. When consumption tax revenue finances the provision of a public good, marginal migration reduces social welfare in the source ...