Similar Search Results

Chudik, Alexander; Pesaran, M. Hashem; Smith, Ron - 2022

The idea that certain economic variables are roughly constant in the long-run is an old one. Kaldor described them as stylized facts, whereas Klein and Kosobud labelled them great ratios. While such ratios are widely adopted in theoretical models in economics as conditions for balanced growth,...

Persistent link: https://www.econbiz.de/10013041372

Continuous-time modelling with spatial dependence

Oud, Johannes H. L.; Folmer, Henk; Patuelli, Roberto; … - 2011

Persistent link: https://www.econbiz.de/10009720763

Large panel data models with cross-sectional dependence : a survey

Chudik, Alexander; Pesaran, M. Hashem - 2013

This paper provides an overview of the recent literature on estimation and inference in large panel data models with cross-sectional dependence. It reviews panel data models with strictly exogenous regressors as well as dynamic models with weakly exogenous regressors. The paper begins with a...

Persistent link: https://www.econbiz.de/10009786037

Forecasting with panel data : estimation uncertainty versus parameter heterogeneity

Pesaran, M. Hashem; Pick, Andreas; Timmermann, Allan - 2022

We develop novel forecasting methods for panel data with heterogeneous parameters and examine them together with … forecasting methods can perform better than forecasts based on individual estimates and demonstrate how gains in predictive … stock returns, we show that no single forecasting approach dominates uniformly. However, forecast combination and shrinkage …

Persistent link: https://www.econbiz.de/10013176894

SUR estimation of error components models with AR(1) disturbances and unobserbed endogenous effects

Egger, Peter - 2001

This paper focusses on the estimation of error components models in the presence of a correlation of the disturbances across equations and AR(1) of the remainder disturbances for panel data with endogenous unobserved effects. Additionally, the set-up allows for unequally spaced panel data and...

Persistent link: https://www.econbiz.de/10011492665

Indirect Inference for Dynamic Panel Models

Gourieroux, Christian - 2013

It is well-known that maximum likelihood (ML) estimation of the autoregressive parameter of a dynamic panel data model with fixed effects is inconsistent under fixed time series sample size (T) and large cross section sample size (N) asymptotics. The estimation bias is particularly relevant in...

Persistent link: https://www.econbiz.de/10012754433

Exports and labour demand : searching for functional structure in multi-output multi-skill technologies

Koebel, Bertrand M. (contributor) - 2005

In order to simplify the representation of a technological relationship between inputs and outputs, a production unit's technology must typically satisfy some restrictive conditions, some of them being well known in the literature. This paper presents new results for aggregating labour inputs...

Persistent link: https://www.econbiz.de/10003011513

Exports and Labour Demand : Searching for Functional Structure in Multi-Output Multi-Skill Technologies

Koebel, Bertrand M. - 2021

Persistent link: https://www.econbiz.de/10013318384

Bayesian SAR model with stochastic volatility and multiple time-varying weights

Costola, Michele; Iacopini, Matteo; Wichers, Casper - 2023

A novel spatial autoregressive model for panel data is introduced, which incorporates multilayer networks and accounts for time-varying relationships. Moreover, the proposed approach allows the structural variance to evolve smoothly over time and enables the analysis of shock propagation in...

Persistent link: https://www.econbiz.de/10014416011

Prediction in a spatial nested error components panel data model

Baltagi, Badi H.; Pirotte, Alain - In: International journal of forecasting 30 (2014) 3, pp. 407-414

Persistent link: https://www.econbiz.de/10010511584

1
2
3
4
5
6
7
8
9
10
Next
Last