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Random walks with drifts: Nonsense regression and spurious fixed-effect estimation

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Entorf, Horst

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File URL: http://www.sciencedirect.com/science/article/B6VC0-3SX1M2Y-6/2/ce4bd9ed9baeeb89a2515a5bb3d15da5
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Article provided by Elsevier in its journal Journal of Econometrics.

Volume (Year): 80 (1997)
Issue (Month): 2 (October)
Pages: 287-296
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Handle: RePEc:eee:econom:v:80:y:1997:i:2:p:287-296

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Web page: http://www.elsevier.com/locate/jeconom

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  1. Breitung, J. & Pesaran, M.H., 2005. "Unit Roots and Cointegration in Panels," Cambridge Working Papers in Economics 0535, Faculty of Economics, University of Cambridge. [Downloadable!]
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  2. De Bandt. O. & Bruneau, C. & El Amri, W., 2006. "Convergence in Household Credit Demand Across Euro Area Countries: Evidence from Panel Data," Documents de Travail 158, Banque de France. [Downloadable!]
  3. Antonio E. Noriega & Daniel Ventosa-Santaularia, . "Spurious Regression and Trending Variables," School of Economics Working Papers EM200701, Universidad de Guanajuato. [Downloadable!]
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  4. Jens J. Krüger, 2003. "Productivity Dynamics Beyond-the-Mean in U.S. Manufacturing Industries," Jenaer Schriften zur Wirtschaftswissenschaft 09/2003, Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
  5. Horst Entorf & Hannes Spengler, 2008. "Is Being 'Soft on Crime' the Solution to Rising Crime Rates?: Evidence from Germany," Discussion Papers of DIW Berlin 837, DIW Berlin, German Institute for Economic Research. [Downloadable!]
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  6. Daniel Ventosa-Santaularia & Antonio E. Noriega, 2005. "Spurious regression under broken trend stationarity," Computing in Economics and Finance 2005 186, Society for Computational Economics. [Downloadable!]
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  7. Entorf, Horst & Winkler, Peter, 2001. "The economics of crime: investigating the drugs-crime channel : empirical evidence from panel data of the German states," ZEW Discussion Papers 01-37, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
  8. Hannes Spengler, 2005. "Eine panelökonometrische Überprüfung der ökonomischen Theorie der Kriminalität mit deutschen Bundesländerdaten," Darmstadt Discussion Papers in Economics 150, Institut für Volkswirtschaftslehre (Department of Economics), Technische Universität Darmstadt (Darmstadt University of Technology), revised Jan 2006. [Downloadable!]
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  9. Francisco Maeso-Fernandez & Chiara Osbat & Bernd Schnatz, 2004. "Towards the estimation of equilibrium exchange rates for CEE acceding countries: methodological issues and a panel cointegration perspective," Working Paper Series 353, European Central Bank. [Downloadable!]
  10. Antonio E. Noriega & Daniel Ventosa-Santaularia, . "Spurious regression under deterministic and stochastic trends," School of Economics Working Papers EM200503, Universidad de Guanajuato. [Downloadable!]
  11. Antonia López Villavicencio, 2006. "Real equilibrium exchange rates. A panel data approach for advanced and emerging economies," Working Papers wpdea0605, Department of Applied Economics at Universitat Autonoma of Barcelona. [Downloadable!]
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  12. Wen-Den Chen, 2006. "Testing for spurious regression in a panel data model with the individual number and time length growing," Journal of Applied Statistics, Taylor and Francis Journals, vol. 33(8), pages 759-772, September. [Downloadable!] (restricted)
  13. Badi H. Baltagi & Chihwa Kao, 2000. "Nonstationary Panels, Cointegration in Panels and Dynamic Panels: A Survey," Center for Policy Research Working Papers 16, Center for Policy Research, Maxwell School, Syracuse University. [Downloadable!]
  14. Daniel Ventosa-Santaularia, . "Spurious Instrumental Variables," School of Economics Working Papers EM200704, Universidad de Guanajuato. [Downloadable!]
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