period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … effective real exchange rate in the SUR system does not substantially alter the results. -- Panel causality tests ; budget …

the period 1980 - 2007. Based on a panel vector autoregression, I compare the effects of equity price shocks to those … fluctuations, equity prices, panel vector autoregression …

and is estimated on a panel of 15 OECD countries. The estimates show that consumer prices may be as much as 21 percent … ; unemployment ; panel data model …

This paper presents robust panel data econometric evidence suggesting that more effective competition policy curtails …