Volume 40 in the Advances in Econometrics series features twenty-three chapters that are split thematically into two parts. Part A presents novel contributions to the analysis of time series and panel data with applications in macroeconomics, finance, cognitive science and psychology,...

This PhD dissertation consists of three self-contained chapters in the field of macroeconomics. The first two chapters rely a large scanner data set from the United States. The data set contains detailed pricing and sales information from retail stores as well as comprehensive information on...