) asymptotically, the heterogeneity bias of the FE may be more or less severe in VAR specifications than in standard dynamic panel data … estimators; (iii) when this happens, the panel must be longer than a typical macro dataset for the MG to be a viable solution. …

variables by incorporating a panel data systems Generalized Method of Moments estimator. Practical applications of the developed …

This paper extends the Bayesian Model Averaging framework to panel data models where the lagged dependent variable as …. These findings suggest that our methodology is well suited for inference in short dynamic panel data models with endogenous … regressors in the context of model uncertainty. We illustrate the use of LIBMA in an application to the estimation of a dynamic …

We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid …

framework to address model uncertainty in the context of a dynamic growth model in panel data with endogenous regressors. Our …

we extend the BMA framework to panel data models where the lagged dependent variable as well as endogenous variables … our methodology is well suited for inference in dynamic panel data models with short time periods in the presence of …

This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of … various estimation issues including reverse causality and endogeneity. In addition, threshold effects, nonlinearities, and …