. For these purposes, panel unit root tests are employed to improve power against univariate counterparts. Since cross … section correlation is a distinct feature of the underlying panel data, results are based on various second generation panel …

employs a panel data technique is used. This estimator is suited for integrated annual macroeconomic panel data sets to … explains the concept of panel unit roots and panel cointegration and introduces the underlying empirical approach. Next …

Although explanations of the persistence of high unemployment in Germany, in particular long-term unemployment, have …, these factors are analyzed based on a microeconometric model of individual transitions from unemployment into employment and …-Economic Panel for West Germany covering the period 1983 to 1992. The focus of the study is on the importance of "negative duration …

, results obtained from panel estimation indicate that the degree of long run inflation persistence has converged. In line with … result of the more effective monetary policy of the ECB. -- Monetary Policy Effectiveness and Inflation Persistence ; Panel …