[eng] This paper offers an overview of panel-data cointegration tests. We present the main tests based on the null hypothesis of no cointegration (Pedroni, Kao, Bai and Ng test ; Groen and Kleibergen test ) and the McCoskey and Kao test based on the null hypothesis of cointegration. We also...

[fre] Le partage de la valeur ajoutée dans le cycle. Quelques pistes de modélisation en équilibre général . Christophe Hurlin et Franck Portier . Notre objectif dans cet article est de présenter un rapide constat empirique de l'évolution cyclique du partage de la valeur ajoutée dans les...

[eng] The contribution of public capital to private factor productivity: an estimate using sector-based panel data . for ten OECD countries . by Christophe Hurlin . This paper uses sector-based panel data on ten OECD countries to produce a number of estimates of the return on public capital. The...

[eng] Our article presents an overview of panel unit-root tests. There are two major trends in this research area. First, since the late 1990s, the work on panel unit-root tests aims to take account of heterogeneity in dynamic properties of series. Second, attempts have recently been made to...

Traditionally, nancial crisis Early Warning Systems (EWSs) rely on macroeconomic leading indicators to forecast the occurrence of such events. This paper extends such discrete-choice EWSs by taking into account the persistence of the crisis phenomenon. The dynamic logit EWS is estimated using an...