I consider a panel vector-autoregressive model with cross-sectional dependence of the disturbances characterized by a … transformed data and applies standard techniques for estimation of panel vector-autoregressive models. I compare the small …

This paper considers the issue of GMM estimation of a short dynamic panel data model when the errors are correlated … for the dynamic panel GMM estimator to remain consistent. To this end, we demonstrate that cross-sectional independence … structure dependence does not. Consequently, the dynamic panel GMM estimator is consistent only in the first case. Under cross …

Unconditional quantile treatment effects are difficult to estimate in the presence of fixed effects. Panel data are … effects or differencing of data, however, redefines the quantiles. This paper introduces a quantile estimator for panel data …

. Switching to a panel data approach, and controlling for macroeconomic stability, financial development, human and physical …

re-examines the relationship using an unbalanced panel pooled sample of 4,443 observations listed in the emerging …-effect regressions framework of panel data. Overall, this paper contributes to ongoing research by extending the importance of the life …