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

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 …

heterogeneous panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect … ; Panel cointegration ; General-to-specific approach …

panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect of …

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 …

performance of homogenous panel unit root tests in the presence of permanent volatility shifts. It is shown that in this case …, panel unit root tests derived under time invariant innovation variances lose control over actual significance levels while … hypothesis. -- Panel unit root tests ; variance breaks ; cross sectional dependence ; Fisher hypothesis …

pooled timeseries estimation on a forward-looking monetary model, resulting inparameter estimates which are in compliance … with the underlyingtheory. Based on a panel version of the Engle and Granger (1987) two-stepprocedure we find that the …

We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period …