The collection of chapters in Volume 43 Part B of Advances in Econometrics serves as a tribute to Professor M. Hashem … applied topics, significantly pushing forward the frontiers of knowledge in econometrics and economics. Thanks to his profound …, this volume includes chapters on a wide variety of topics, including panel modelling, micro applications, and econometric …

This paper extends the Common Correlated Effects (CCE) approach developed by Pesaran (2006) to heterogeneous panel data … cross section averages must be included in individual equations of the panel, and the number of cross section averages must … dimension of the panel is sufficiently large. …

the estimation of long-run effects in dynamic heterogeneous panel data models with cross-sectionally dependent errors. The …

approach can be applied to estimation of a variety of models such as spatial and dynamic panel data models. In this paper we … focus on the latter and consider both univariate and multivariate panel data models with short time dimension. Simple Bias …