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develop tests for threshold effects in the context of dynamic heterogeneous panel data models with cross-sectionally dependent …
Persistent link: https://www.econbiz.de/10011292965
the estimation of long-run effects in dynamic heterogeneous panel data models with cross-sectionally dependent errors. The …
Persistent link: https://www.econbiz.de/10010212372
Persistent link: https://www.econbiz.de/10003624878
institutional variables? In this paper, we generalize F&R's geography-based empirical strategy to a panel setting. We observe that … in panel setups where it is possible to fully control for geographical and historical determinants of countries … disasters ; instrumental variable estimation ; panel econometrics …
Persistent link: https://www.econbiz.de/10009240715
The paper contributes to the growing global VAR (GVAR) literature by showing how global and national shocks can be identified within a GVAR framework. The usefulness of the proposed approach is illustrated in an application to the analysis of the interactions between public debt and real output...
Persistent link: https://www.econbiz.de/10011956353