This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period …

world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …

Environmental policy is increasingly concerned with measuring emissions resulting from local changes to electricity … consumption. These marginal emissions are challenging to measure because electricity grids encompass multiple locations and the … as a high-dimensional aggregation problem: The effect of electricity consumption on emissions can be estimated precisely …

panel data. These models incorporate unobserved, time-varying, individual heterogeneity, which may be correlated with the …

In this paper we study methods for estimating causal effects in settings with panel data, where a subset of units are …

In this paper we use cross-state panel data to show a positive and significant correlation between various measures of …

This paper considers estimation and testing of vector autoregression coefficients in panel data, and applies the …