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  1. Inflation targeting and exchange rate regimes in emerging markets
    Published: 2015
    Publisher:  IMF, Washington, DC

    This paper investigates the effects of the adoption of inflation targeting (IT) on the choice of exchange rate regime in emerging markets (EMs), conditional on certain macroeconomic conditions. Using a large sample of EMs and after controlling for... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    This paper investigates the effects of the adoption of inflation targeting (IT) on the choice of exchange rate regime in emerging markets (EMs), conditional on certain macroeconomic conditions. Using a large sample of EMs and after controlling for the selection bias associated with the adoption of IT, we find that IT countries on average have a relatively more flexible exchange rate regime than other EMs. However, the flexibility of the exchange rate regime shows strong heterogeneity among IT countries depending on their degree of openness and exposure to FX risks. Moreover, we find that the marginal effect of IT adoption on the exchange rate flexibility increases with the duration of the IT regime in place, and with the propensity scores to adopt it

     

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  2. Inflation targeting and exchange rate regimes in emerging markets
    Published: 2015
    Publisher:  IMF, Washington, DC

    This paper investigates the effects of the adoption of inflation targeting (IT) on the choice of exchange rate regime in emerging markets (EMs), conditional on certain macroeconomic conditions. Using a large sample of EMs and after controlling for... more

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    This paper investigates the effects of the adoption of inflation targeting (IT) on the choice of exchange rate regime in emerging markets (EMs), conditional on certain macroeconomic conditions. Using a large sample of EMs and after controlling for the selection bias associated with the adoption of IT, we find that IT countries on average have a relatively more flexible exchange rate regime than other EMs. However, the flexibility of the exchange rate regime shows strong heterogeneity among IT countries depending on their degree of openness and exposure to FX risks. Moreover, we find that the marginal effect of IT adoption on the exchange rate flexibility increases with the duration of the IT regime in place, and with the propensity scores to adopt it

     

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  3. An econometric model of health care demand with non-linear pricing
    Published: 2015
    Publisher:  Univ., Dep. of Economics, Zurich

    From 2004 to 2012, the German social health insurance levied a co-payment for the first doctor visit in a calendar quarter. We develop a new model for estimating the effect of such a co-payment on the individual number of visits per quarter. The... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 191 (204)
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    From 2004 to 2012, the German social health insurance levied a co-payment for the first doctor visit in a calendar quarter. We develop a new model for estimating the effect of such a co-payment on the individual number of visits per quarter. The model allows for a one time increase in the otherwise constant hazard rate determining the timing of doctor visits, and uses a difference-in-differences strategy to identify the reform effect. The model can be adapted to a situation where the reporting period and the calendar quarter differ. Using data from the German Socio-Economic Panel, we do not find an effect of the co-payment on demand for doctor visits.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/126596
    Series: Working paper series / University of Zurich, Department of Economics ; 204
    Subjects: Gesundheitsmarkt; Gesundheitspolitik; Gesundheitsfinanzierung; Mikrosimulation; Mikroökonometrie
    Scope: Online-Ressource (23 S.), graph. Darst.
  4. Demand estimation with machine learning and model combination
    Published: 2015

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (20955)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: NBER working paper series ; 20955
    Subjects: Nachfragetheorie des Haushalts; Schätztheorie; Mikroökonometrie; Simulation; Lernen; Künstliche Intelligenz; Theorie; Lebensmitteleinzelhandel; Absatz; Prognoseverfahren; Backwaren; Nachfrage; Werbewirkung; Schätzung; USA
    Scope: 45 S.
    Notes:

    Parallel als Online-Ausg. erschienen

  5. Approches structurelles et non structurelles en micro-économétrie de l'évaluation des politiques publiques
    Published: August 2015
    Publisher:  Banque de France, Paris

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Nicht speichern
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    Source: Union catalogues
    Language: French
    Media type: Book
    Format: Online
    Series: Document de travail / Banque de France ; no 565
    Subjects: Politik; Wirkungsanalyse; Strukturgleichungsmodell; Mikroökonometrie; Theorie; Experiment; Frankreich
    Scope: 1 Online-Ressource (circa 33 Seiten)