evidence for the existence of "energy currencies". Relying on the estimation of panel smooth transition regression (PSTR … 1980-2011. Estimating a panel cointegrating relationship between the real exchange rate and its fundamentals, we provide …

panel cointegration techniques to derive fully countryspecific measures of misalignment and measures based on panel … effective exchange rates and currency misalignments for the US and its 16 major trading partners. We apply cointegration and …-of-sample performance prior to comparing it to two final panel specifications. Robustness of the results is supported by recently introduced …

Present paper considers structural break in panel AR(1) model which allows instability in mean, variance and … existing panel data time series model considering break studied by Levin et al. (2002), Pesaran (2004), Bai (2010), Liu et al …

impact of deviations from the long-run sustainable real exchange rate equilibrium on real economic growth rate applying panel …

This paper presents an estimation of the Tunisian equilibrium exchange rate based on the Behavioral Equilibrium …

fundamentals underlying the behavior of the real exchange rate. Panel cointegration techniques allow for the extraction, using an …

This paper examines whether, in addition to standard unit root and cointegration tests, panel approaches also produce … disappears, and strong empirical support is found for PPP. It appears therefore that recent advances in panel data econometrics …

-Bretton Woods era. The results are obtained using new non-stationary panel estimation techniques, which significantly increase the … economies. For the panel of small open economies strong evidence in favour of cointegration is found. In contrast, there is no … evidence of cointegration in a panel that consists purely of the G7 economies …

that panel tests for unit roots and cointegration are more powerful than their univariate counterparts. In this paper we … tested for in panel data, but not in univariate (i.e. country specific) analysis. The usual explanation for this mismatch is … suggest an alternative explanation for the mismatch. More generally, we warn against the use of panel methods for testing for …