D'Albis and Boubtane provide empirical evidence on the macroeconomic and fiscal consequences of international migration for OECD countries. The authors use a panel of 19 countries over the period 1980-2015 to study the effects of increases in the net migration rate on per capita GDP and on both...

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend-and-tax causality for Italy, France, Spain, Greece, and...

The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...

In the empirical literature, only few studies have focused on the relationship between oil prices and stock markets in net oil-importing countries. In net oil-exporting countries this relationship has not been widely researched. This paper implements the panel-data approach of Kónya (2006),...

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots, we study the causality between government revenue and spending for the EU in the period 1960-2006. Spend-and-tax causality is found for Italy, France, Spain, Greece, and...

This paper tests empirically the Balassa-Samuelson (BS) hypothesis using annual data for 6 Asian countries. We apply new panel data cointegration techniques recently developed by Pedroni (2000, 2004) and we compare the results with those obtained with conventional Johansen (1995)'s time series...

The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (Oxford Bulletin of Economics and Statistics 61 (1999): Supplement, 653670; Econometric Theory 20 (2004): 597625) and generalized by Banerjee and Carrion-i-Silvestre (Working Paper 591, European...