This paper analyses the short- and long-run effects of trade openness on financial development in a panel including …

We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR …

productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …

markets, LIBOR markets have minimal frictions which could lead to rejecting UIP. Using panel unit root test suggested by Palm …, Smeekes, and Urbain (2010) and cointegration techniques by Westerlund (2007), we find that UIP holds for short-term maturities …, when market-specific heterogeneity is controlled for. Furthermore, the estimation results show that the speed of adjustment …

The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004 …

Cross- Sectionally Augmented ARDL approach of Chudik and Pesaran (2015b), and the panel threshold estimation of Chudik et al …