countries over five decades, from 1960 to 2010. Using panel time-series techniques, it is shown that international trade in …

countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI …

perform matching estimations to analyse the treatment effect on the treated. In the cross-section estimation, we find …-participants. Therefore, we combine matching with difference-in-difference estimation (to control for unobserved heterogeneity), Doing so, we … matching estimation can be decomposed into a causal effect (6%-points), correlated unobserved heterogeneity and negative spill …

The topic of this paper is the estimation uncertainty of the Stock-Watson and Gonzalo-Granger permanent …

I derive the unconditional transformed likelihood function and its derivatives for a fixed-effects panel data model … polynomial of the spatial weights matrix and, in general, tends to infinity with increasing sample size. Consistent estimation …

This paper uses panel vector autoregressive models and simulations of an estimated DSGE model to explore the reaction …