[spa] Modelos con corrección de error y funciones de importación agregadas, . por Jean-Pierre Urbain.. . Este artículo tiene por objeto presentar la modelización empírica de las importaciones agregadas de dos economías europeas abiertas (Bélgica y Holanda). Este análisis se funda en una...

Panel data framework has often been used to build Early Warning Systems for financial crises. This paper questions the implicit assumption that crises are homogenously caused by identical factors. It suggests a preliminary step aiming at forming optimal country clusters.

In the recent years, the study of cointegrated time series and the use of error correction models have become extremely popular in the econometric literature. This book provides an analysis of the notion of (weak) exogeneity, which is necessary to sustain valid inference in sub-systems, inthe...