the estimation of long-run effects in dynamic heterogeneous panel data models with cross-sectionally dependent errors. The …This paper investigates the long-run effects of public debt and inflation on economic growth. Our contribution is both … over the 1965-2010 period, we find significant negative long-run effects of public debt and inflation on growth. Our …

approach can be applied to estimation of a variety of models such as spatial and dynamic panel data models. In this paper we … focus on the latter and consider both univariate and multivariate panel data models with short time dimension. Simple Bias …

distribution. Entrepreneurs strongly affect firm growth patterns of both very young firms and for firms that have begun to mature …

that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of … resources, economic growth, and some of the main determinants of growth, including democracy …

-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries … using time series data from 1980 to 2004. We first estimate a panel data model (using fixed and random effects) for the real …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … dynamic panel including annual data for 119 countries over the period 1970-2010, and also carry out multivariate Granger … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence … a single cointegrating vector between financial development and growth and of causality going from financial development … to economic growth. We find little evidence of reverse causation as well as bi-directional causality. We interpret this …

participation on its output growth is rather mixed. To shed new evidence on this issue, in this paper we specify a state- dependent … panel data model accounting in particular for program participation selection and the potential conditionality of the output … growth effects of program participation on a country's degree of program implementation and institutional factors such as …

The price-setting behaviour of manufacturing plants is examined using a large panel of monthly surveyed plant- and …

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