illustrated. -- Bayesian panel regression ; parametric covariance ; model selection …

In this paper we derive a unit root test against a Panel Logistic Smooth Transition Autoregressive (PLSTAR). The …, finite sample properties of the test are examined. We highlight scenarios under which the traditional panel unit root tests … by Harris and Tzavalis have inferior or reasonable power compared to our test. -- Dynamic nonlinear panel ; Smooth …

In this paper we present a unit root test against a nonlinear dynamic heterogenous panel with each cross section …

In this paper we show the consequences of applying a panel unit root test when testing for a purchasing power parity …

normality is established for the consistent subsets. -- Panel data ; serial correlation ; random effects … correlation in the form of AR(1) for the idiosyncratic or time-specific error component. Consistent estimation and asymptotic …

This paper is concerned with maximum likelihood based inference in random effects models with serial correlation …. Allowing for individual effects we introduce serial correlation of general form in the time effects as well as the … for determining the orders of serial correlation as well as the importance of time and individual effects. The methods are …

-varying whereas the correlation remain constant over time. Under the parameterized alternative hypothesis the variance may change …