, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …

. For these purposes, panel unit root tests are employed to improve power against univariate counterparts. Since cross … section correlation is a distinct feature of the underlying panel data, results are based on various second generation panel …-stationarity of hours worked. In addition, taking these results together, there is no indication of cointegration among the individual …

explains the concept of panel unit roots and panel cointegration and introduces the underlying empirical approach. Next … employs a panel data technique is used. This estimator is suited for integrated annual macroeconomic panel data sets to …

bivariate and multivariate tests for cointegration. While the topic has been analyzed in previous studies such as Gallo and … results from different cointegration methodologies and explicitly control for instability in cointegration relationships and … covering 20 years. In line with previous studies, the empirical results indicate several cointegration relationships between …

This paper presents for the first time panel evidence on the productivity effects of training intensity and different … establishments as well as omitted variable bias. Using the waves 1997 – 2000 of the IAB establishment panel, it is found that when …

as well as pooled mean group and mean group estimators, the latter in a dynamic heterogeneous panel framework. We find … support for a dynamic estimation setup and derive statements regarding the homogeneity assumption with respect to the three …

panel random coefficient model, we show that financial experts have systematically misperceived the ECB's interest rate rule …

problems, is overcome by adopting a Bayesian Model Averaging approach. I apply this method to a panel data set that covers 17 … applying an instrumental variable estimation approach. …