Ha Minh Nguyen; Quan Thai-Thuong Le; Chi Minh Ho; Thang … - In: Borsa Istanbul Review 22 (2022) 4, pp. 688-698
previous studies, which use a static panel model or focus on a single country, this paper uses the advanced dynamic common … correlated estimator (DCCE) and a panel Granger-causality test. We use panel data on 22 emerging markets over the period 1980 …-2020. Our empirical findings confirm that static panel data model in previous studies can have misleading conclusions on the …