sample, when controlling for fixed effects, and time-in-panel, and with flexible, age-group dummies. The residual age …

This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

estimated with panel data from the British Household Panel Survey covering the period 1999-2008. The estimates are then used to …

responses using panel data for a set of OECD countries during the period 1975-2014. We find evidence that households do in fact …

The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004 …

The presence of cross-sectionally correlated error terms invalidates much inferential theory of panel data models … for stationary panel regressions with multifactor error structure. This paper extends this work and examines the important … cointegration properties of the unobserved factors. This finding is further supported for small samples via an extensive Monte Carlo …

This analysis uses data from the German Socio-Economic Panel (GSOEP) and the Survey on Health, Ageing and Retirement in …