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 …

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

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 …

The fixed effects (FE) panel model is one of the main econometric tools in empirical economic research. A major … to grouping FE in the linear panel model to reduce their dimensionality and ensure identifiability. By using unsupervised … than conventional panel models. …

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 …

increasingly important sector in the German economy. Cross-sectional data from an innovation survey and panel data from a quarterly …

. We test these theoretical predictions with a varying coefficient Bayesian panel VAR model, where the coefficients are …