We employ recently developed cross-sectionally robust panel data tests for unit roots and cointegration to find whether … ten-year periods, price-rent ratios, and the panel data tests to construct a bubble indicator. The indicator is high for … the late 1980s, early 1990s and since the late 1990s for both panels. Finally, evidence based on panel data Granger …

recent advances in panel econometrics that allow for spatial heterogeneity, cross-sectional dependence, and non …

to an apartment purchase. State-of-the art panel data stationarity and Granger causality techniques are employed to test …

This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …

This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …

and the USA, the evolution of real estate prices indicates that speculative investment behavior is at work. The continued …

bubble is estimated relative to the fundamental level implied by the panel cointegrating relationship. Second, the impact of …

conditions. Based on an interacted panel VAR estimated on a dataset comprising of all 50 U.S. states and the District of Columbia …

use the dataof the Dutch socio-economic panel for the years 1987-1994. These data contain self-reportedvalues of the … Realtors. Households therefore seem to be wellaware of the increase in the value of their house. We use panel data methods to …

This paper uses panel data through 2011 to examine evidence of shifts in household balance sheet behavior following the …