Panel data are increasingly being used in both macro- and micro-level studies of economic problems. Macro-panel data (i denotes countries) are characteristic by sufficiently long time series to be able to analyze panel spurious regression and panel cointegration. According to the main stream of...

The author attempts to show areas in which historical research and historical facts affected economic thinking and knowledge in economics. We may meet with a similarity of an historical approach to reality at some schools of economic thinking based on empirical inductive research approach and on...