impact of EU structural funds on employment drawing on a panel dataset of 130 European NUTS regions over the time period 1999 … structural funds for an extended time horizon and examine the robustness of our results by comparing different dynamic panel …

In this paper we estimate the degree of real wage flexibility in 19 EU countries in a wage Phillips curve panel …

cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration … several countries, and panel data results corroborate the time-series findings …

estimated and how shock identification is performed, and compares panel VARs to other approaches used in the literature to deal …This paper provides an overview of the panel VAR models used in macroeconomics and finance. It discusses what are their …

an application to the estimation of panel data models with an infinite number of weak factors and a finite number of …

the period 1980-2006, and one on the individual euro area countries from1995-2006, using panel data techniques. The impact …, the panel estimation yields somewhat lower results (0.6 to 1.1 cents). The MPC out of nominal housing wealth lies between … effect of volatile house prices, we find similar effects in the times series estimation while the MPC is larger in the panel …

cointegration analysis. Specifically, we use panel unit root tests of the first and second generation allowing in some cases for … structural breaks. We also apply modern panel cointegration techniques developed by Pedroni (1999, 2004), generalized by Banerjee … policy was sustainable both for the EU15 panel set, and within subperiods (1970-1991 and 1992-2006) …

financial (or output) gaps within EU countries. We apply panel techniques, including a Bayesian panel VAR, to 27 EU members over … the period 1994-2012. We find that, for the euro area, the reaction of current account misalignments to a shock in the …