problems, is overcome by adopting a Bayesian Model Averaging approach. I apply this method to a panel data set that covers 17 … applying an instrumental variable estimation approach. -- Unemployment ; institutions ; labor and product markets ; model …

Taking a Bayesian perspective on model uncertainty for static panel data models proposed in the spatial econometrics …

cross-sectional dependence in the error processes. Estimation and inference for this class of panel models are based on both … pandemic's impact on the economic activity of six Euro area economies. A class of dynamic panel data models and their … Bayesian and classical techniques. Our findings reveal that significant heterogeneity exists among the different economies with …