This paper examines whether an increase in political decentralization, which is a global trend, affects income inequality. It argues that the effect of decentralization on equality lies with quality governance, is, how well traditions and institutions authority country are exercised. Using instrumental variables (IV)/two-stage least squares (2SLS) method, this shows reduces However, reduction s...

The association between CEO compensation and bank profitability has drawn substantial attention in recent years. study analyzes the relationship performance Bangladesh for 2010-2020. variables used are return on equity, CEOs salary, bonus, housing facilities, allowance, foreign trips. uses a 2SLS estimator to remove possible endogeneity create an unbiased result. results strongly suggest that C...

in iran’s system of tripartite collective bargaining, does the wage-policy maker consistently react optimally to the best move made by the exchange rate-policy maker (nash-rule) or only to the state of economy (non-nash rule)?. this paper not only investigates the nature of the political game (nash rule against non-nash rule) but also estimates some structural parameters by using 2sls method an...

This study investigates linkages among institutions, education and economic growth empirically theoretically is based on panel data between 1996 2017. For the data, two-stage least squares (2SLS) regression analysis was used to estimate results in developing countries. Rule of law, control corruption, absence violence political stability were as proxies for institution. We found that exerted po...

This paper considers estimating a panel data simultaneous equations model under both coefficient and covariance matrix restrictions in a scenario where one or the other set of identifying restrictions may be invalid or may hold only weakly. We study the limiting properties of various estimators in an asymptotic framework, which takes both the cross-sectional dimension N and the time dimension T...

Title of dissertation: TESTING ECONOMIC MODELS OF HOUSEHOLD RESOURCE ALLOCATION Julio Caceres-Delpiano, Doctor of Philosophy, 2005 Dissertation directed by: Professor William Evans Professor Seth Sanders Department of Economics This dissertation examines the role of household resource allocation on individual human capital accumulation. The main contributions of the dissertation is providing ev...

I evaluate the role of China’s privatization of the economy in weakening the effects of the birth control policy, known as the one-child policy in the West, during the last three decades. State-owned enterprises or other state-owned organizations (SOEs) imposes more control over individual choices and hence represents increased state capacity (Acemoglu et al., 2015). The baseline OLS regression...

This paper examines the effects of carbon emissions on accounting and market-based performance financial non-financial firms in emerging economies. Data for 104 328 constituting 2591 observations operating 22 economies were collected from Datastream database period 2011–2020. We applied OLS 2SLS regression techniques to analyze data. Results show that emit less than their counterparts. The resu...