forecast evaluation; provides additional Monte Carlo simulation results on GARCH model estimation and VaR prediction; extends …

and developing countries grouped in panels by similar characteristics. Panel long-run causality is assessed with a …

estimation of this relationship at the mean employing longitudinal data, with the typical finding supporting the inverted U shape …. Conditional mean estimation, however, can mask heterogeneities present at higher and/or lower quantiles of the emissions …'' distribution, in addition to being more sensitive to the presence of outliers. We apply methods for conditional-quantile panel …

When analyzing panel data using regression models, it is often reasonable to allow for time-varying covariate effects …. We propose a novel approach to modelling timevarying coefficients in panel data regressions, which is based on penalized …

A panel data set covering 145 countries between 1960 and 2010 has been investigated closely by using models of … determinants, dependent on one or both status variables in a local estimation. Afterwards, the well-known Solow (1956) model serves …