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A simple panel stationarity test in the presence of serial correlation and a common factor

Hadri, Kaddour; Kurozumi, Eiji - In: Economics Letters 115 (2012) 1, pp. 31-34

This paper develops a simple test à la Pesaran (2007) for the null hypothesis of stationarity in heterogeneous panel …

Persistent link: https://www.econbiz.de/10011041587

Testing the Prebish–Singer hypothesis using second-generation panel data stationarity tests with a break

Arezki, Rabah; Hadri, Kaddour; Kurozumi, Eiji; Rao, Yao - In: Economics Letters 117 (2012) 3, pp. 814-816

run, using two recent powerful panel data stationarity tests accounting for cross-sectional dependence and a structural …

Persistent link: https://www.econbiz.de/10010594094

Flattening of the Phillips curve and the role of the oil price: An unobserved component model for the USA and Australia

Paradiso, Antonio; Rao, B. Bhaskara - In: Economics Letters 117 (2012) 1, pp. 259-262

We used the unobserved component model of Harvey (1989, 2011) to estimate the Phillips curve for the USA and Australia, augmenting it with the oil price. Our results show that while the coefficient of demand pressure and the intercept decreased, the coefficient of the oil price increased....

Persistent link: https://www.econbiz.de/10011041564

Testing for individual and time effects in panel data models with interactive effects

Wu, Jianhong; Li, Jinchang - In: Economics Letters 125 (2014) 2, pp. 306-310

In this paper, several tests are suggested for the existence of individual and time effects in panel data models with …

Persistent link: https://www.econbiz.de/10011076569

Specification tests and tests for overidentifying restrictions in panel data models with selection

Semykina, Anastasia - In: Economics Letters 115 (2012) 1, pp. 53-55

Standard tests are generally not applicable in panel data models with selection. The paper shows how the Hausman … specification test and the Sargan–Hansen test for overidentifying restrictions can be generalized to panel data models with …

Persistent link: https://www.econbiz.de/10010576459

Testing slope homogeneity in large panels with serial correlation

Blomquist, Johan; Westerlund, Joakim - In: Economics Letters 121 (2013) 3, pp. 374-378

Pesaran and Yamagata (Pesaran, M.H., Yamagata, T., Testing slope homogeneity in large panels, Journal of Econometrics 142, 50–93, 2008) propose a test for slope homogeneity in large panels, which has become very popular in the literature. However, the test cannot deal with the practically...

Persistent link: https://www.econbiz.de/10010729461

Openness and inflation: New empirical panel data evidence

Jafari Samimi, Ahmad; Ghaderi, Saman; Hosseinzadeh, Ramezan - In: Economics Letters 117 (2012) 3, pp. 573-577

economies that are more open because the Phillips curve is steeper. In this paper, the panel data technique has been employed to …

Persistent link: https://www.econbiz.de/10011041568

A simple test for nonstationarity in mixed panels with incidental trends

Westerlund, Joakim - In: Economics Letters 125 (2014) 2, pp. 160-163

Ng (2008) shows how the cross-sectional variance of the observed panel data can be used to construct a simple test for …

Persistent link: https://www.econbiz.de/10011076542

Measuring match quality using subjective data

Ferreira, Priscila; Taylor, Mark - In: Economics Letters 113 (2011) 3, pp. 304-306

We examine whether subjective information routinely collected in general surveys can be used to construct a single measure of underlying match quality which helps test matching models and predict labour market outcomes of workers.

Persistent link: https://www.econbiz.de/10010572184

A generalized panel data switching regression model

Malikov, Emir; Kumbhakar, Subal C. - In: Economics Letters 124 (2014) 3, pp. 353-357

This paper considers a generalized panel data model of polychotomous and/or sequential switching which can also …

Persistent link: https://www.econbiz.de/10010930707