dynamic panel data models. To illustrate particular pitfalls some further Monte Carlo results are produced, obtained from a … moments (GMM) estimators in homoskedastic stable zero-mean panel AR(1) models with random individual specific effects. We …

The finite sample behaviour is analysed of particular least squares (LS) andmethod of moments (MM) estimators in panel …

The system GMM estimator for dynamic panel data models combines moment conditions for the model in first differences … model in terms of bias and root mean squared error. However, we show in this paper that in the covariance stationary panel … results are shown to extend to the panel data GMM estimators. …

for the validity of the monetary exchange rate modelwithin a panel of vector error correction models for three …

dynamic panel data models. The estimators are (nearly) unbiased andperform satisfactorily even for small samples in either the …

The literature that tests for U-shaped relationships using panel data, such as those between pollution and income or …