probability of a crisis are of the expected sign. The panel data set covers the time period 1973 through 2003 for 90 countries …

. This paper shows how dynamic pseudo-panel methods can overcome these difficulties, allowing estimation of non-linear income … Mexico and are compared to panel data estimates from a short rotating panel. The results do find evidence of nonlinearities … in household income dynamics and demonstrate large bias in the panel data estimates. Nevertheless, even after allowing …

"In contrast with a growing literature on the drivers of aggregate volatility in developing countries, its consequences … aggregate volatility has a regressive, asymmetric, and non linear impact, as reflected in the strong influence of extreme output …

, and can surge at times of currency speculation. Heightened interest rate and exchange rate volatility pose practical risk … through the equity markets have not been the major contributor to increased international sources of volatility. In addition …

-country and panel regressions, this paper finds an extremely robust negative partial correlation between secondary school …

that this effect can be offset by having a large level of human capital. They test their model using panel data for the …

-sectional data. Because panel data of individuals are seldom available in developing countries, it is difficult to study individual … recovered from pseudo panels approximate reasonably well those estimated directly from a true panel. Moreover, implications of … the model, in this case pseudo-panel measures of vulnerability to poverty, reflect closely those based on actual panel …