, including a generalized method of moments (GMM) and random coefficient (RC) estimation, are employed on panel data covering the … estimation period 1977:1-2003:4 using three measures of volatility. In contrast to recent studies employing panel data, we do not … find a single instance in which volatility has a negative and significant impact on trade …

for the validity of the monetary exchange rate modelwithin a panel of vector error correction models for three …

dynamic panel data models. In particular, in our model the long-run relationship between effective exchange rates and domestic …

This study investigates the determinants of the trade balance in West African and Monetary Union (WAEMU) over the … Modified OLS (FMOLS) to deal with both endogeneity and cross-country heterogeneity. The results reveal that the trade balance … is negatively related to domestic and foreign income whereas real effective exchange rate depreciation improves the trade …

We look at a panel of Latin American countries from 1970 and 2016 to enquire how exchange rate pass-through has changed … through, with a small influence of real shocks such as terms-of-trade changes; money growth is also associated to long …-run pass-through, while terms of trade shocks are more statistically significant. Results are consistent with the hypothesis …

unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we …

transformation of the results. Panel cointegration techniques are used to check the adequacy of the empirical model. The results …

The forward unbiasedness regression is revisited by varying the prediction horizons from 1 day to 1 year. The panel …