We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth …. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For … developing countries. -- Inflation thresholds ; inflation and growth ; dynamic panel threshold model …

This paper proposes a spatial panel model for German matching functions to avoid possibly biased and inefficient …

panel random coefficient model, we show that financial experts have systematically misperceived the ECB's interest rate rule …. -- Central bank communication ; Interest rate forecasts ; Survey expectations ; Panel random coefficient model …

This paper analyzes determinants for regional differences in German unemployment rates. We specify a spatial panel … panel model is the best model for this analysis. Furthermore, we find that German regional unemployment is of disequilibrium … nature, which justifies political interventions. -- regional unemployment ; spatial dependence ; spatial panel models …

maximum-likelihood-based panel cointegration tests with the help of Monte Carlo simulations. In this study the panel-p, the … group-p, the panel-t, the group-t statistics of Pedroni (1999) and the standardized LR-bar statistic of Larsson er al. (2001 …) are considered. The simulation results indicate that the panel-t and standardized LR-bar statistic have the best size and …

that the skill-biased technological change hypothesis is rejected if single countries are analyzed with an industry panel …