1,720,961 research outputs found
Economic distress, democratic quality, and satisfaction with democracy in Europe during COVID-19: A multilevel approach
Growth effects of currency mismatches: evidence from emerging economies
This article investigates empirically the effects of currency mismatches on economic growth and volatility of growth in emerging market economies. Using the Arellano-Bond dynamic panel data approach, the analyses provide evidence on the presence of adverse growth effects of currency mismatches. This illustrates the crucial role played by foreign currency denominated debts in the propagation mechanism of contractionary depreciations in emerging economies in the last decade. Further evidence from estimations implies that the adverse effects of mismatches on growth and growth volatility are more pronounced with higher exchange rate fluctuations
Going Beyond Counting First Authors in Author Co-citation Analysis
The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
We provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
An empirical analysis on the effects of elections on the public expenditure composition: The case of Turkey
This study aims to analyze the effects of elections on the composition of the public expenditure in Turkey empirically within the scope of the political-budget-cycles theory. This study differs from similiar studies with respect to four basic characteristics. First of all, the analyses cover the 1965–2004 time period, which is a forty-year long period that includes ten general elections. Secondly, in the analyses, the differentiation between predetermined and endogenous elections is taken into consideration. Thirdly, the analyses are carried out not only for general elections, but for local elections as well. Lastly, the cointegration and the vector error correction model approaches are used in the analyses, which enable the analysis of both the short- and long-run dynamics of public expenditures. According to results obtained in the study, both general and local elections affect the composition of the public expenditure in Turkey. This effect lends itself in current and transfer expenditures during general election periods, whereas in investment and transfer expenditures during local election periods.</div
Does Decentralization Reduce Income Inequality? Only in Rich States
We investigate the relationship between fiscal decentralization and income inequality using data from U.S. states over three and a half decades. Our study contributes to the literature in several ways in terms of empirical methodology and specification. First, we take into account integration and cointegration properties of the data and estimate the cointegrating relationship between fiscal decentralization and income inequality using Fully Modified Ordinary Least Squares, following Pedroni (2000). Second, we investigate the direction of the causality. Finally, and perhaps most importantly, we investigate if the relationship between fiscal decentralization and income inequality is conditional on income in each state. We find that fiscal decentralization does reduce income inequality, but only in rich states. We also find that causality runs from fiscal decentralization to income inequality, not the other way around
Schooling and income inequality in the long-run
We estimate the long-run cointegrating relationship between schooling and income inequality using annual data from 48 contiguous U.S. states between 1946 and 2000. Our study contributes to the literature in several ways in terms of data and empirical methodology. First, we take into account integration and cointegration properties of the data and estimate the cointegrating relationship between schooling and income inequality using Fully Modified OLS (FMOLS) following Pedroni (2000, 2001). Second we investigate the direction of the causality. Using several different measures of income inequality, we find that an increase in the average level of schooling decreases income inequality in the long-run and (Granger) causality runs from schooling to income inequality, not the other way around.</p
Purchasing Power Parity Revisited: A Time-Varying Parameter Approach
We re-examine the validity of Purchasing Power Parity (PPP) proposition using Taylor's (2002) data set. Applying the Kalman filter process, our findings not only demonstrate the strong instability in the relationship between the dollar denominated foreign price levels and the US price level, but also rule out the empirical validity of the PPP hypothesis. Thus, we argue that the inference based on the Fisher-Seater methodology cannot account for the Lucas critique in the PPP testing procedure
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