calibration or Bayesian estimation, because the functional forms imposed in the panel are consistent with those used in the macro …This paper summarizes the World Bank's approach to identifying parameters for key equations in its macro structural … infeasible or yield unstable estimates. To identify parameters that could be used in such cases, a cointegrating panel approach …

regime classification, whereas the data for remittances and all other variables are from the World Bank's World Development …This paper studies the question of whether exchange rate policy affects the impact of remittances on economic growth in … economic growth following an increase in remittances, but also that the impact of remittances on growth is positive under a …

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 …

This paper estimates a panel model in which the relationship between inequality and gross domestic product per capita …-income countries, inequality has a significant negative effect on transitional growth. For the median country in the world that in 2015 …

Using a panel of 80 developing and developed countries for the period 1990-2015, this studyanalyses the relationship …