elasticity ; dynamic panel data estimation ; income tax return data …This paper provides new empirical insights on the elasticity of taxable income to the net-oftax rate. Using a panel of …

This paper provides new empirical insights on the elasticity of taxable income for Germany. Using a rich panel of …. Showing and discussing potential estimation problems of the most prominent model in the literature by Gruber and Saez (2002 …

We propose a Bayesian approach to dynamic panel estimation in the presence of cross-sectional dependence and dynamic … by estimating a panel VAR on sector level data for labour productivity and hours worked growth for Canada, Germany …, France, Italy, the UK and the US from 1992 Q1 to 2011 Q3. We use historical decompositions to examine the determinants of …

German municipalities using a panel on municipalities in the two largest German states from 1999 to 2006. We find significant …

This paper considers estimation methods and inference for linear dynamic panel data models with unit …-invariant variables in a dynamic version of the Hausman and Taylor (1981) model. We propose a two-stage estimation procedure to identify … errors are adjusted to take into account the first-stage estimation uncertainty. As potential first-stage estimators we …

We propose a semi-parametric approach to heterogeneous dynamic panel data modelling. The method generalizes existing … equilibrium exchange rate determination in a cross-country panel, we find evidence of largely heterogeneous adjustment and more …

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

cross-section (space) variation in the panel. The study shows that conventional panel estimation methods (pooled OLS, fixed … literature to show that the distortion is generally very large. This suggests the use of the CRE model for the panel estimation …Equilibrium real exchange rate and corresponding misalignment estimates differ tremendously depending on the panel …