instability of euro area money demand. Our results obtained from panel estimation indicate that the observed instability of … money demand but constant across member countries. -- Money demand ; cross-country analysis ; panel error correction model …

We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth …. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For … developing countries. -- Inflation Thresholds ; Inflation and Growth ; Dynamic Panel Threshold Model …

dynamic panel data models. In particular, in our model the long-run relationship between effective exchange rates and domestic …