This paper extends the cross sectionally augmented panel unit root test proposed by Pesaran (2007) to the case of a … the maximum number of factors, in contrast to other panel unit root tests based on principal components that require in … addition the estimation of the number of factors as well as the factors themselves. Small sample properties of the proposed …

estimation of unconditional quantile partial effects in a model with correlated random effects. The results show that the impact …

result is shown to hold for pure latent factor models as well as for panel regressions with latent factors. Small sample …

this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the …

This paper considers a first-order autoregressive panel data model with individual-specific effects and a heterogeneous …

This paper extends the transformed maximum likelihood approach for estimation of dynamic panel data models by Hsiao … trivial due to the incidental parameters problem that arises, and its implications for estimation and inference. We approach …

constructed from a large and monthly panel dataset of manufacturing firms. We find that aggregate uncertainty has a positive and …

-Bond GMM estimation techniques for single dynamic panel data models with possibly endogenous regressors and cross …

In spatial econometrics literature estimation and inference are carried out assuming that the matrix of spatial or …