This paper overviews some recent developments in panel data asymptotics, concentrating
on the nonstationary panel case and gives a new result for models with individual effects …

This paper reviews how economists responded to the Feldstein–Horioka (FH) view that a
high saving‐investment association across OECD countries implied low capital mobility …

Panel data econometrics continues to be a hot topic in econometrics and has experienced a
lot of growth over the last two decades. Micro-and Macro-panels are increasing in …

NONSTATIONARY PANELS, COINTEGRATION IN PANELS AND DYNAMIC PANELS: A
SURVEY Page 1 NONSTATIONARY PANELS, COINTEGRATION IN PANELS AND DYNAMIC …

This paper proposes a Lagrange multiplier (LM) test for the null hypothesis of cointegration
that allows for the possibility of multiple structural breaks in both the level and trend of a …

This paper proposes an original framework to determine the relative influence of five factors
on the Feldstein and Horioka result of OECD countries with a strong saving–investment …

A typical finding in the empirical literature is that import and export demand elasticities are
rather low, and that the Marshall–Lerner (ML) condition does not hold. However, despite the …

We propose the parametric Dynamic Seemingly Unrelated Regression (DSUR) estimator for
simultaneous estimation of multiple cointegrating regressions. DSUR is efficient when the …

Recently, the large T panel literature has emphasized unobserved, time-varying
heterogeneity that may stem from omitted common variables or global shocks that affect …

Bu çalışma, cari işlemler açığı, bütçe açığı ve sabit sermaye yatırımı değişkenlerini
kullanarak 20 OECD ülkesi için ikiz açıklar ve Feldstein-Horioka hipotezinin geçerliliğini …