Since the 1970s, the world has embarked on a new financial globalization era. Cross-country capital flows have … significantly increased in developed and developing countries. However, the characteristics of financial globalization differ from … financial globalization (such as additional funding, broad diversification, and deeper financial systems), the positive effects …

This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence …

Absent actual panel household survey data, this paper constructs, for the first time, synthetic panel data for more …

infeasible or yield unstable estimates. To identify parameters that could be used in such cases, a cointegrating panel approach … calibration or Bayesian estimation, because the functional forms imposed in the panel are consistent with those used in the macro …