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Nonstationary-volatility robust panel unit root tests and the great moderation
Hanck, Christoph; Czudaj, Robert - 2013
stationarity, and mixed evidence regarding inflation stationarity. …
Persistent link: https://www.econbiz.de/10009779045
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Nonstationary-volatility robust panel unit root tests and the great moderation : conference paper
Hanck, Christoph; Czudaj, Robert - 2013
to the `Great Moderation.' We find little evidence of trend stationarity, and mixed evidence regarding inflation … stationarity. …
Persistent link: https://www.econbiz.de/10010343777
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Pooled Bewley Estimator of Long-Run Relationships in Dynamic Heterogenous Panels
Chudik, Alexander; Pesaran, M. Hashem; Smith, Ron P. - 2023
This paper, using the Bewley (1979) transformation of the autoregressive distributed lag model, proposes a novel pooled Bewley (PB) estimator of long-run coefficients for dynamic panels with heterogeneous short-run dynamics, in the same setting as the widely used Pooled Mean Group (PMG)...
Persistent link: https://www.econbiz.de/10014357208
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Getting PPP right : identifying mean-reverting real exchange rates in panels
Chortareas, Georgios E. (contributor);  … - 2008
hypothesis focusing on the stationarity of the real exchange rates in up to 25 OECD countries. We introduce a methodology that …
Persistent link: https://www.econbiz.de/10003740322
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Purchasing Power Parity : Three Stakes Through the Heart of the Unit Root Null
Higgins, Matthew - 2006
tests, we find overwhelming evidence in favor of real exchange rate stationarity during the post-Bretton Woods era among … OECD economies, as well as among a larger group of quot;openquot; economies. We also find emphatic evidence of stationarity …
Persistent link: https://www.econbiz.de/10012735721
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Nonstationary-Volatility Robust Panel Unit Root Tests and the Great Moderation
Hanck, Christoph - 2013
stationarity, and mixed evidence regarding inflation stationarity …
Persistent link: https://www.econbiz.de/10013077801
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On the stationarity of per capita carbon dioxide emissions over a century
Christidou, Maria; Panagiōtidēs, Theodōros; Sharma, … - 2013
This paper examines the stationarity of carbon dioxide (CO2) emissions per capita for a set of 36 countries covering … the period 1870-2006. We employ recently developed unit root and stationarity tests that allow for the mean reverting … geographical proximity the importance of cross sectional dependence in panel unit root and stationarity tests is revealed. Using a …
Persistent link: https://www.econbiz.de/10009791590
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New Evidence of the Real Interest Rate Parity for OECD Countries Using Panel Unit Root Tests with Breaks
Camarero, Mariam - 2011
4. The econometric methods applied consist of combining the use of several unit root or stationarity tests designed for …
Persistent link: https://www.econbiz.de/10013124651
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Testing for PPP : Should We Use Panel Methods?
Banerjee, Anindya; Marcellino, Massimiliano Giuseppe; … - 2014
A common finding in the empirical literature on the validity of purchasing power parity (PPP) is that it holds when tested for in panel data, but not in univariate (i.e. country specific) analysis. The usual explanation for this mismatch is that panel tests for unit roots and cointegration are...
Persistent link: https://www.econbiz.de/10014133298
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Panel LM unit root tests with level and trend shifts
Lee, Junsoo; Tieslau, Margie A. - In: Economic modelling 80 (2019), pp. 1-10
Persistent link: https://www.econbiz.de/10012199158