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 …

In this paper we propose a simple extension to the panel case of the covariate-augmented Dickey Fuller (CADF) test for … with respect to other popular panel approaches. A procedure to compute the asymptotic p-values of Hansen’s CADF test is … hypothesis and the presence of a unit root in international industrial production indices. -- unit root ; panel data …

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 …

inconsistent, suggesting that either alternatives to a unit root null hypothesis may need to be considered or that panel based …

, suggesting that either alternative hypotheses to a unit root may need to be considered or that panel based testing in this …

The well-known problem of too many instruments in dynamic panel data GMM is dealt with in detail in Roodman (2009 … replaced by a data-driven statistical decision. -- Dynamic Panel Data ; Generalised Method of Moments ; Instrument …

This paper develops an estimator for higher-order spatial autoregressive panel data error component models with spatial …

The well-known problem of too many instruments in dynamic panel data GMM is dealt with in detail in Roodman (2009 … replaced by a data-driven statistical decision. -- Dynamic panel data ; generalised method of moments ; instrument …