IDEAS home Printed from https://ideas.repec.org/f/pwe289.html
   My authors  Follow this author

Joakim Westerlund

Personal Details

First Name:Joakim
Middle Name:
Last Name:Westerlund
Suffix:
RePEc Short-ID:pwe289
https://sites.google.com/site/perjoakimwesterlund/

Affiliation

(80%) Nationalekonomiska Institutionen
Ekonomihögskolan
Lunds Universitet

Lund, Sweden
http://www.nek.lu.se/

: +46 +46 222 0000
+46 +46 2224613
P.O. Box 7082, S-222 07 LUND
RePEc:edi:delunse (more details at EDIRC)

(20%) Department of Economics
Business School
Deakin University

Melbourne, Australia
http://www.deakin.edu.au/business/economics

:
+61 3 5227 2655
221 Burwood Highway, Burwood 3125.
RePEc:edi:sedeaau (more details at EDIRC)

Research output

as
Jump to: Working papers Articles Editorship

Working papers

  1. Westerlund, Joakim & Karabiyik, Hande & Narayan, Paresh, 2015. "Testing for predictability in panels with general predictors," Working Papers fe_2015_10, Deakin University, Department of Economics.
  2. Westerlund, Joakim & Narayan, Paresh & Zheng, Xinwei, 2015. "Testing for stock return predictability in a large Chinese panel," Working Papers fe_2015_11, Deakin University, Department of Economics.
  3. Narayan, Paresh Kumar & Westerlund, Joakim, 2015. "Does cash flow predict returns?," Working Papers fe_2015_03, Deakin University, Department of Economics.
  4. Westerlund, J., 2014. "On the importance of the first observation in GLS detrending in unit root testing," Working Papers fe_2014_07, Deakin University, Department of Economics.
  5. Reese, Simon & Westerlund, Joakim, 2014. "PANICCA - PANIC on Cross-Section Averages," Working Papers 2015:3, Lund University, Department of Economics, revised 24 Mar 2015.
  6. Westerlund, Joakim & Reese, Simon & Narayan, Paresh, 2014. "A Factor Analytical Approach to Price Discovery," Working Papers 2015:4, Lund University, Department of Economics.
  7. Westerlund, Joakim & Narayan, Paresh, 2014. "A random coefficient approach to the predictability of stock returns in panels," Working Papers fe_2014_10, Deakin University, Department of Economics.
  8. Westerlund, Joakim & Reese, Simon, 2014. "Estimation of Factor-Augmented Panel Regressions with Weakly Influential Factors," Working Papers 2014:8, Lund University, Department of Economics, revised 27 Jan 2014.
  9. Narayan, Paresh Kumar & Sharma, Susan Sunila & Poon, Wai Ching & Westerlund, Joakim, 2014. "Do oil prices predict economic growth? New global evidence," Working Papers fe_2014_09, Deakin University, Department of Economics.
  10. Westerlund, Joakim & Mishra, Sagarika, 2014. "A practical note on the determination of the number of factors using information criteria with data-driven penalty," Working Papers fe_2014_15, Deakin University, Department of Economics.
  11. Westerlund, Joakim, 2014. "Heteroskedasticity robust panel unit root tests," Working Papers fe_2014_02, Deakin University, Department of Economics.
  12. Westerlund, Joakim & Norkute, Milda & Narayan, Paresh Kumar, 2014. "A factor analytical approach to the efficient futures market hypothesis," Working Papers fe_2014_12, Deakin University, Department of Economics.
  13. Westerlund, Joakim & Narayan, Paresh, 2014. "Testing for predictability in panels of small time series dimensions with an application to Chinese stock returns," Working Papers fe_2014_13, Deakin University, Department of Economics.
  14. Westerlund, Joakim & Narayan, Paresh, 2014. "Testing for predictability in conditionally heteroskedastic stock returns," Working Papers fe_2014_01, Deakin University, Department of Economics.
  15. Karabiyik, H. & Urbain, J.R.Y.J. & Westerlund, J., 2014. "CCE estimation of factor-augmented regression models with more factors than observables," Research Memorandum 007, Maastricht University, Graduate School of Business and Economics (GSBE).
  16. Westerlund, Joakim & Hosseinkouchack, Mehdi & Solberger, Martin, 2014. "The local power of the CADF and CIPS panel unit root tests," Working Papers fe_2014_05, Deakin University, Department of Economics.
  17. Westerlund, Joakim, 2014. "Pooled panel unit root tests and the effect of past initialization," Working Papers fe_2014_06, Deakin University, Department of Economics.
  18. Blomquist, Johan & Westerlund, Joakim, 2014. "Testing slope homogeneity in large panels with serial correlation," Working Papers fe_2014_04, Deakin University, Department of Economics.
  19. Westerlund, Joakim & Norkute, Milda, 2014. "A Factor Analytical Method to Interactive Effects Dynamic Panel Models with or without Unit Root," Working Papers 2014:12, Lund University, Department of Economics.
  20. Robertson, Donald & Sarafidis, Vasilis & Westerlund, Joakim, 2014. "GMM Unit Root Inference in Generally Trending and Cross-Correlated Dynamic Panels," MPRA Paper 53419, University Library of Munich, Germany.
  21. Westerlund, Joakim, 2014. "On the asymptotic distribution of the DF-GLS test statistic," Working Papers fe_2014_03, Deakin University, Department of Economics.
  22. Westerlund J. & Smeekes S., 2013. "Robust block bootstrap panel predictability tests," Research Memorandum 060, Maastricht University, Graduate School of Business and Economics (GSBE).
  23. Westerlund, Joakim & Narayan, Paresh, 2012. "Does the choice of estimator matter when forecasting returns?," Working Papers fe_2012_01, Deakin University, Department of Economics.
  24. Pedroni, Peter & Vogelsang, Timothy J. & Wagner, Martin & Westerlund, Joakim, 2011. "Nonparametric Rank Tests for Non-stationary Panels," Economics Series 270, Institute for Advanced Studies.
  25. Westerlund Joakim & Urbain Jean-Pierre, 2011. "Cross sectional averages or principal components?," Research Memorandum 053, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  26. Westerlund, Joakim & Costantini, Mauro & Narayan, Paresh & Popp, Stephan, 2009. "Seasonal Unit Root Tests for Trending and Breaking Series with Application to Industrial Production," Working Papers in Economics 377, University of Gothenburg, Department of Economics.
  27. Westerlund, Joakim & Narayan, Paresh, 2009. "Using Panel Data to Construct Simple and Efficient Unit Root Tests in the Presence of GARCH," Working Papers in Economics 379, University of Gothenburg, Department of Economics.
  28. Westerlund, Joakim & Mahdavi, Saeid, 2009. "The Tax-Spending Nexus: Evidence from a Panel of US State- Local Governments," Working Papers in Economics 378, University of Gothenburg, Department of Economics.
  29. Westerlund, Joakim & Blomquist, Johan, 2009. "Are Crime Rates Really Stationary?," Working Papers in Economics 381, University of Gothenburg, Department of Economics.
  30. Westerlund, Joakim & Breitung, Jörg, 2009. "Myths and Facts about Panel Unit Root Tests," Working Papers in Economics 380, University of Gothenburg, Department of Economics.
  31. Westerlund, Joakim & Larsson, Rolf, 2009. "Testing for a Unit Root in a Random Coefficient Panel Data Model," Working Papers in Economics 383, University of Gothenburg, Department of Economics.
  32. Westerlund, Joakim, 2009. "Testing for Unit Roots in Panel Time Series Models with Multiple Breaks," Working Papers in Economics 384, University of Gothenburg, Department of Economics.
  33. Westerlund, Joakim & Edgerton, David & Opper, Sonja, 2008. "Why is Chinese Regional Output Diverging?," Working Papers 2008:15, Lund University, Department of Economics, revised 03 Dec 2008.
  34. Basher, Syed A. & Westerlund, Joakim, 2008. "Panel Cointegration and the Monetary Exchange Rate Model," MPRA Paper 10453, University Library of Munich, Germany.
  35. Gengenbach Christian & Urbain Jean-Pierre & Westerlund Joakim, 2008. "Panel Error Correction Testing with Global Stochastic Trends," Research Memorandum 051, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  36. Westerlund, Joakim, 2007. "A Note on the Pooling of Individual PANIC Unit Root Tests," Working Papers 2007:5, Lund University, Department of Economics.
  37. Westerlund, Joakim & Basher, Syed A., 2007. "Mixed Signals Among Tests for Panel Cointegration," MPRA Paper 3261, University Library of Munich, Germany.
  38. Westerlund, Joakim & Basher, Syed A., 2007. "Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data," MPRA Paper 3262, University Library of Munich, Germany.
  39. Westerlund, J., 2006. "Panel cointegration tests of the Fisher effect," Research Memorandum 054, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  40. Westerlund, Joakim & Edgerton, David, 2006. "Simple Tests for Cointegration in Dependent Panels with Structural Breaks," Working Papers 2006:13, Lund University, Department of Economics, revised 28 Jan 2007.
  41. Westerlund Joakim, 2006. "Some Cautions on the Use of the LLC Panel Unit Root Test," Research Memorandum 055, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  42. Urbain Jean-Pierre & Westerlund Joakim, 2006. "Spurious Regression in Nonstationary Panels with Cross-Unit Cointegration," Research Memorandum 057, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  43. Westerlund, Joakim & Edgerton , David, 2006. "New Improved Tests for Cointegration with Structural Breaks," Working Papers 2006:3, Lund University, Department of Economics.
  44. Basher, Syed A. & Westerlund, Joakim, 2006. "Is there Really a Unit Root in the Inflation Rate? More Evidence from Panel Data Models," MPRA Paper 136, University Library of Munich, Germany.
  45. Westerlund, Joakim & Costantini, Mauro, 2006. "Panel Cointegration and the Neutrality of Money," Working Papers 2006:18, Lund University, Department of Economics.
  46. Westerlund, Joakim & Basher, Syed A., 2006. "Can Panel Data Really Improve the Predictability of the Monetary Exchange Rate Model?," MPRA Paper 1229, University Library of Munich, Germany.
  47. Westerlund, Joakim, 2005. "Testing for Panel Cointegration with Multiple Structural Breaks," Working Papers 2005:12, Lund University, Department of Economics.
  48. Westerlund, Joakim, 2005. "Testing for Error Correction in Panel Data," Working Papers 2005:11, Lund University, Department of Economics.
  49. Gutierrez, Luciano & Erickson, Kenneth W. & Westerlund, Joakim, 2005. "The Present Value Model, Farmland Prices and Structural Breaks," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24702, European Association of Agricultural Economists.
  50. Westerlund, Joakim, 2005. "Panel Cointegration Tests of the Fisher Hypothesis," Working Papers 2005:10, Lund University, Department of Economics.
  51. Westerlund, Joakim & Edgerton , David, 2005. "Panel Cointegration Tests with Deterministic Trends and Structural Breaks," Working Papers 2005:42, Lund University, Department of Economics.
  52. Westerlund, Joakim, 2005. "Pooled Unit Root Tests in Panels with a Common Factor," Working Papers 2005:9, Lund University, Department of Economics.
  53. Westerlund, Joakim, 2005. "New Simple Tests for Panel Cointegration," Working Papers 2005:8, Lund University, Department of Economics.
  54. Westerlund, Joakim, 2003. "A Panel Data Test of the Bank Lending Channel in Sweden," Working Papers 2003:16, Lund University, Department of Economics.
  55. Westerlund, Joakim, 2003. "A Panel CUSUM Test of the Null of Cointegration," Working Papers 2003:15, Lund University, Department of Economics.
  56. Westerlund, Joakim, 2003. "Feasible Estimation in Cointegrated Panels," Working Papers 2003:12, Lund University, Department of Economics, revised 10 Nov 2003.

Articles

  1. Emre Aylar & Stephan Smeekes & Joakim Westerlund, 2019. "Lag truncation and the local asymptotic distribution of the ADF test for a unit root," Statistical Papers, Springer, vol. 60(6), pages 2109-2118, December.
  2. Roy Cerqueti & Mauro Costantini & Luciano Gutierrez & Joakim Westerlund, 2019. "Panel stationary tests against changes in persistence," Statistical Papers, Springer, vol. 60(4), pages 1079-1100, August.
  3. Joakim Westerlund, 2019. "Common Breaks in Means for Cross‐Correlated Fixed‐T Panel Data," Journal of Time Series Analysis, Wiley Blackwell, vol. 40(2), pages 248-255, March.
  4. Joakim Westerlund, 2019. "On Estimation and Inference in Heterogeneous Panel Regressions with Interactive Effects," Journal of Time Series Analysis, Wiley Blackwell, vol. 40(5), pages 852-857, September.
  5. Westerlund, Joakim, 2019. "Testing additive versus interactive effects in fixed-T panels," Economics Letters, Elsevier, vol. 174(C), pages 5-8.
  6. De Vos, Ignace & Westerlund, Joakim, 2019. "On CCE estimation of factor-augmented models when regressors are not linear in the factors," Economics Letters, Elsevier, vol. 178(C), pages 5-7.
  7. Norkutė, Milda & Westerlund, Joakim, 2019. "The factor analytical method for interactive effects dynamic panel models with moving average errors," Econometrics and Statistics, Elsevier, vol. 11(C), pages 83-104.
  8. Westerlund, Joakim & Sharma, Susan Sunila, 2019. "Panel evidence on the ability of oil returns to predict stock returns in the G7 area," Energy Economics, Elsevier, vol. 77(C), pages 3-12.
  9. Joakim Westerlund & Yana Petrova & Milda Norkute, 2019. "CCE in fixed‐T panels," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(5), pages 746-761, August.
  10. Artūras Juodis & Joakim Westerlund, 2019. "Optimal panel unit root testing with covariates," Econometrics Journal, Royal Economic Society, vol. 22(1), pages 57-72.
  11. Stephan Smeekes & Joakim Westerlund, 2019. "Robust block bootstrap panel predictability tests," Econometric Reviews, Taylor & Francis Journals, vol. 38(9), pages 1089-1107, October.
  12. Hande Karabiyik & Jean‐Pierre Urbain & Joakim Westerlund, 2019. "CCE estimation of factor‐augmented regression models with more factors than observables," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(2), pages 268-284, March.
  13. Joakim Westerlund, 2018. "On the Use of GLS Demeaning in Panel Unit Root Testing," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 36(2), pages 309-320, April.
  14. Karabiyik, Hande & Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Westerlund, Joakim, 2018. "Islamic spot and index futures markets: Where is the price discovery?," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 123-133.
  15. Narayan, Paresh Kumar & Sharma, Susan Sunila & Thuraisamy, Kannan Sivananthan & Westerlund, Joakim, 2018. "Some preliminary evidence of price discovery in Islamic banks," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 107-122.
  16. Mahdavi, Saeid & Westerlund, Joakim, 2018. "Subnational government tax revenue capacity and effort convergence: New evidence from sequential unit root tests," Economic Modelling, Elsevier, vol. 73(C), pages 174-183.
  17. Donald Robertson & Vasilis Sarafidis & Joakim Westerlund, 2018. "Unit Root Inference in Generally Trending and Cross-Correlated Fixed-T Panels," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 36(3), pages 493-504, July.
  18. Joakim Westerlund, 2018. "CCE in panels with general unknown factors," Econometrics Journal, Royal Economic Society, vol. 21(3), pages 264-276, October.
  19. Westerlund, Joakim & Petrova, Yana, 2018. "Asymptotic collinearity in CCE estimation of interactive effects models," Economic Modelling, Elsevier, vol. 70(C), pages 331-337.
  20. Simon Reese & Joakim Westerlund, 2018. "Estimation of factor-augmented panel regressions with weakly influential factors," Econometric Reviews, Taylor & Francis Journals, vol. 37(5), pages 401-465, May.
  21. Karabiyik, Hande & Reese, Simon & Westerlund, Joakim, 2017. "On the role of the rank condition in CCE estimation of factor-augmented panel regressions," Journal of Econometrics, Elsevier, vol. 197(1), pages 60-64.
  22. Joakim Westerlund & Sagarika Mishra, 2017. "On the determination of the number of factors using information criteria with data-driven penalty," Statistical Papers, Springer, vol. 58(1), pages 161-184, March.
  23. Joakim Westerlund & Hande Karabiyik & Paresh Narayan, 2017. "Testing for Predictability in panels with General Predictors," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 32(3), pages 554-574, April.
  24. Joakim Westerlund & Simon Reese & Paresh Narayan, 2017. "A Factor Analytical Approach to Price Discovery," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(3), pages 366-394, June.
  25. Saeid Mahdavi & Joakim Westerlund, 2017. "Are state–local government expenditures converging? New evidence based on sequential unit root tests," Empirical Economics, Springer, vol. 53(2), pages 373-403, September.
  26. Karabiyik, Hande & Westerlund, Joakim & Narayan, Paresh, 2016. "On the estimation and testing of predictive panel regressions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 45(C), pages 115-125.
  27. Narayan, Paresh Kumar & Liu, Ruipeng & Westerlund, Joakim, 2016. "A GARCH model for testing market efficiency," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 41(C), pages 121-138.
  28. Joakim Westerlund, 2016. "Pooled Panel Unit Root Tests and the Effect of Past Initialization," Econometric Reviews, Taylor & Francis Journals, vol. 35(3), pages 396-427, March.
  29. Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Thuraisamy, Kannan & Westerlund, Joakim, 2016. "Price discovery and asset pricing," Pacific-Basin Finance Journal, Elsevier, vol. 40(PA), pages 224-235.
  30. Christian Gengenbach & Jean‐Pierre Urbain & Joakim Westerlund, 2016. "Error Correction Testing in Panels with Common Stochastic Trends," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(6), pages 982-1004, September.
  31. Simon Reese & Joakim Westerlund, 2016. "Panicca: Panic on Cross‐Section Averages," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(6), pages 961-981, September.
  32. Westerlund, Joakim & Narayan, Paresh, 2016. "Testing for predictability in panels of any time series dimension," International Journal of Forecasting, Elsevier, vol. 32(4), pages 1162-1177.
  33. Westerlund, Joakim & Thuraisamy, Kannan, 2016. "Panel multi-predictor test procedures with an application to emerging market sovereign risk," Emerging Markets Review, Elsevier, vol. 28(C), pages 44-60.
  34. Joakim Westerlund, 2016. "An IV Test for a Unit Root in Generally Trending and Correlated Panels," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(5), pages 752-764, October.
  35. Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Sharma, Susan Sunila & Westerlund, Joakim, 2016. "Are Islamic stock returns predictable? A global perspective," Pacific-Basin Finance Journal, Elsevier, vol. 40(PA), pages 210-223.
  36. Joakim Westerlund & Mehdi Hosseinkouchack, 2016. "Modified CADF and CIPS Panel Unit Root Statistics with Standard Chi-squared and Normal Limiting Distributions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(3), pages 347-364, June.
  37. Johan Blomquist & Joakim Westerlund, 2016. "Panel bootstrap tests of slope homogeneity," Empirical Economics, Springer, vol. 50(4), pages 1359-1381, June.
  38. Joakim Westerlund & Mehdi Hosseinkouchack & Martin Solberger, 2016. "The Local Power of the CADF and CIPS Panel Unit Root Tests," Econometric Reviews, Taylor & Francis Journals, vol. 35(5), pages 845-870, May.
  39. Westerlund, Joakim & Narayan, Paresh Kumar & Zheng, Xinwei, 2015. "Testing for stock return predictability in a large Chinese panel," Emerging Markets Review, Elsevier, vol. 24(C), pages 81-100.
  40. Westerlund, Joakim & Thuraisamy, Kannan & Sharma, Susan, 2015. "On the use of panel cointegration tests in energy economics," Energy Economics, Elsevier, vol. 50(C), pages 359-363.
  41. Joakim Westerlund & Milda Norkute & Paresh Kumar Narayan, 2015. "A Factor Analytical Approach to the Efficient Futures Market Hypothesis," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 35(4), pages 357-370, April.
  42. Joakim Westerlund, 2015. "On the Importance of the First Observation in GLS Detrending in Unit Root Testing," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(1), pages 152-161, February.
  43. Westerlund, Joakim & Larsson, Rolf, 2015. "New tools for understanding the local asymptotic power of panel unit root tests," Journal of Econometrics, Elsevier, vol. 188(1), pages 59-93.
  44. Westerlund, Joakim, 2015. "The effect of recursive detrending on panel unit root tests," Journal of Econometrics, Elsevier, vol. 185(2), pages 453-467.
  45. Joakim Westerlund, 2015. "Rethinking the Univariate Approach to Panel Unit Root Testing: Using Covariates to Resolve the Incidental Trend Problem," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 33(3), pages 430-443, July.
  46. Joakim Westerlund & Paresh Narayan, 2015. "A sequential purchasing power parity test for panels of large cross-sections and implications for investors," The European Journal of Finance, Taylor & Francis Journals, vol. 21(15), pages 1317-1333, December.
  47. Westerlund, Joakim, 2015. "The power of PANIC," Journal of Econometrics, Elsevier, vol. 185(2), pages 495-509.
  48. Pedroni, Peter L. & Vogelsang, Timothy J. & Wagner, Martin & Westerlund, Joakim, 2015. "Nonparametric rank tests for non-stationary panels," Journal of Econometrics, Elsevier, vol. 185(2), pages 378-391.
  49. Joakim Westerlund & Paresh Narayan, 2015. "A Random Coefficient Approach to the Predictability of Stock Returns in Panels," Journal of Financial Econometrics, Society for Financial Econometrics, vol. 13(3), pages 605-664.
  50. Westerlund, Joakim & Urbain, Jean-Pierre, 2015. "Cross-sectional averages versus principal components," Journal of Econometrics, Elsevier, vol. 185(2), pages 372-377.
  51. Narayan, Paresh Kumar & Narayan, Seema & Westerlund, Joakim, 2015. "Do order imbalances predict Chinese stock returns? New evidence from intraday data," Pacific-Basin Finance Journal, Elsevier, vol. 34(C), pages 136-151.
  52. Joakim Westerlund & Paresh Narayan, 2015. "Testing for Predictability in Conditionally Heteroskedastic Stock Returns," Journal of Financial Econometrics, Society for Financial Econometrics, vol. 13(2), pages 342-375.
  53. Joakim Westerlund & Per Hjertstrand, 2014. "Indirect Estimation of Semiparametric Binary Choice Models," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 76(2), pages 298-314, April.
  54. Narayan, Paresh Kumar & Westerlund, Joakim, 2014. "Does cash flow predict returns?," International Review of Financial Analysis, Elsevier, vol. 35(C), pages 230-236.
  55. Westerlund, Joakim & Narayan, Paresh, 2014. "Panel versus GARCH information in unit root testing with an application to financial markets," Economic Modelling, Elsevier, vol. 41(C), pages 173-176.
  56. Westerlund, Joakim, 2014. "On the choice of test for a unit root when the errors are conditionally heteroskedastic," Computational Statistics & Data Analysis, Elsevier, vol. 69(C), pages 40-53.
  57. Westerlund, Joakim, 2014. "A simple test for nonstationarity in mixed panels with incidental trends," Economics Letters, Elsevier, vol. 125(2), pages 160-163.
  58. Narayan, Paresh Kumar & Sharma, Susan & Poon, Wai Ching & Westerlund, Joakim, 2014. "Do oil prices predict economic growth? New global evidence," Energy Economics, Elsevier, vol. 41(C), pages 137-146.
  59. Joakim Westerlund, 2014. "Heteroscedasticity Robust Panel Unit Root Tests," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 32(1), pages 112-135, January.
  60. Gengenbach, Christian & Urbain, Jean-Pierre & Westerlund, Joakim, 2013. "Alternative representations for cointegrated panels with global stochastic trends," Economics Letters, Elsevier, vol. 118(3), pages 485-488.
  61. Westerlund, Joakim & Urbain, Jean-Pierre, 2013. "On the estimation and inference in factor-augmented panel regressions with correlated loadings," Economics Letters, Elsevier, vol. 119(3), pages 247-250.
  62. Joakim Westerlund & Paresh Narayan, 2013. "Testing the Efficient Market Hypothesis in Conditionally Heteroskedastic Futures Markets," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 33(11), pages 1024-1045, November.
  63. Joakim Westerlund, 2013. "A computationally convenient unit root test with covariates, conditional heteroskedasticity and efficient detrending," Journal of Time Series Analysis, Wiley Blackwell, vol. 34(4), pages 477-495, July.
  64. Joakim Westerlund & Johan Blomquist, 2013. "PANIC in the Presence of Uncertainty about the Deterministic Trend," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(1), pages 123-135, February.
  65. Westerlund, Joakim & Urbain, Jean-Pierre, 2013. "On the implementation and use of factor-augmented regressions in panel data," Journal of Asian Economics, Elsevier, vol. 28(C), pages 3-11.
  66. Blomquist, Johan & Westerlund, Joakim, 2013. "Testing slope homogeneity in large panels with serial correlation," Economics Letters, Elsevier, vol. 121(3), pages 374-378.
  67. Westerlund, Joakim, 2013. "Simple unit root testing in generally trending data with an application to precious metal prices in Asia," Journal of Asian Economics, Elsevier, vol. 28(C), pages 12-27.
  68. Joakim Westerlund & Johan Blomquist, 2013. "A modified LLC panel unit root test of the PPP hypothesis," Empirical Economics, Springer, vol. 44(2), pages 833-860, April.
  69. Joakim Westerlund & Jörg Breitung, 2013. "Lessons from a Decade of IPS and LLC," Econometric Reviews, Taylor & Francis Journals, vol. 32(5-6), pages 547-591, August.
  70. Westerlund, Joakim & Narayan, Paresh Kumar, 2012. "Does the choice of estimator matter when forecasting returns?," Journal of Banking & Finance, Elsevier, vol. 36(9), pages 2632-2640.
  71. Lyttkens, Carl Hampus & Westerlund, Joakim & Andersson, Tommy, 2012. "Efficient but getting wet feet: A not-entirely-frivolous note on the side-effects of growth-promoting institutions," Economics Letters, Elsevier, vol. 115(1), pages 118-121.
  72. Mette Anthonsen & Åsa Löfgren & Klas Nilsson & Joakim Westerlund, 2012. "Effects of rent dependency on quality of government," Economics of Governance, Springer, vol. 13(2), pages 145-168, June.
  73. Westerlund, Joakim & Larsson, Rolf, 2012. "Testing for a unit root in a random coefficient panel data model," Journal of Econometrics, Elsevier, vol. 167(1), pages 254-273.
  74. Joakim Westerlund, 2012. "Testing For Unit Roots In Panel Time-Series Models With Multiple Level Breaks," Manchester School, University of Manchester, vol. 80(6), pages 671-699, December.
  75. Mahdavi, Saeid & Westerlund, Joakim, 2011. "Fiscal stringency and fiscal sustainability: Panel evidence from the American state and local governments," Journal of Policy Modeling, Elsevier, vol. 33(6), pages 953-969.
  76. Jean‐Pierre Urbain & Joakim Westerlund, 2011. "Least Squares Asymptotics in Spurious and Cointegrated Panel Regressions with Common and Idiosyncratic Stochastic Trends," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(1), pages 119-139, February.
  77. Su-Yin Cheng & Han Hou & Chia-Cheng Ho & Joakim Westerlund, 2011. "Financial systems and mechanisms of growth in different conditions of country risk," Applied Economics Letters, Taylor & Francis Journals, vol. 18(11), pages 1021-1028.
  78. Joakim Westerlund & Wolfgang Hess, 2011. "A new poolability test for cointegrated panels," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(1), pages 56-88, January/F.
  79. Westerlund, Joakim & Mahdavi, Saeid & Firoozi, Fathali, 2011. "The tax-spending nexus: Evidence from a panel of US state-local governments," Economic Modelling, Elsevier, vol. 28(3), pages 885-890, May.
  80. Joakim Westerlund & Silika Prohl, 2010. "Panel cointegration tests of the sustainability hypothesis in rich OECD countries," Applied Economics, Taylor & Francis Journals, vol. 42(11), pages 1355-1364.
  81. Westerlund, Joakim & Edgerton, David L. & Opper, Sonja, 2010. "Why is Chinese provincial output diverging?," Journal of Asian Economics, Elsevier, vol. 21(4), pages 333-344, August.
  82. Basher, Syed A. & Westerlund, Joakim, 2009. "Panel cointegration and the monetary exchange rate model," Economic Modelling, Elsevier, vol. 26(2), pages 506-513, March.
  83. Westerlund, Joakim & Larsson, Rolf, 2009. "A Note On The Pooling Of Individual Panic Unit Root Tests," Econometric Theory, Cambridge University Press, vol. 25(6), pages 1851-1868, December.
  84. Joakim Westerlund, 2009. "A note on the use of the LLC panel unit root test," Empirical Economics, Springer, vol. 37(3), pages 517-531, December.
  85. Joakim Westerlund & Mauro Costantini, 2009. "Panel cointegration and the neutrality of money," Empirical Economics, Springer, vol. 36(1), pages 1-26, February.
  86. Silika Prohl & Joakim Westerlund, 2009. "Using Panel Data to Test for Fiscal Sustainability within the European Union," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 65(2), pages 246-269, June.
  87. Joakim Westerlund & Fredrik Wilhelmsson, 2009. "Estimating the gravity model without gravity using panel data," Applied Economics, Taylor & Francis Journals, vol. 43(6), pages 641-649.
  88. Joakim Westerlund & David L. Edgerton, 2008. "A Simple Test for Cointegration in Dependent Panels with Structural Breaks," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 70(5), pages 665-704, October.
  89. Damiaan Persyn & Joakim Westerlund, 2008. "Error-correction–based cointegration tests for panel data," Stata Journal, StataCorp LP, vol. 8(2), pages 232-241, June.
  90. Joakim Westerlund & Syed Basher, 2008. "Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(1), pages 109-120, May.
  91. Joakim Westerlund, 2008. "Panel cointegration tests of the Fisher effect," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(2), pages 193-233.
  92. Westerlund, Joakim & Basher, Syed A., 2008. "Mixed signals among tests for panel cointegration," Economic Modelling, Elsevier, vol. 25(1), pages 128-136, January.
  93. Joakim Westerlund, 2007. "Class size and student evaluations in Sweden," Education Economics, Taylor & Francis Journals, vol. 16(1), pages 19-28.
  94. Joakim Westerlund & David L. Edgerton, 2007. "New Improved Tests for Cointegration with Structural Breaks," Journal of Time Series Analysis, Wiley Blackwell, vol. 28(2), pages 188-224, March.
  95. Syed Basher & Joakim Westerlund, 2007. "Is there really a unit root in the inflation rate? More evidence from panel data models," Applied Economics Letters, Taylor & Francis Journals, vol. 15(3), pages 161-164.
  96. Luciano Gutierrez & Joakim Westerlund & Kenneth Erickson, 2007. "Farmland prices, structural breaks and panel data," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 34(2), pages 161-179, June.
  97. Joakim Westerlund & Syed A. Basher, 2007. "Can panel data really improve the predictability of the monetary exchange rate model?," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 26(5), pages 365-383.
  98. Westerlund, Joakim & Edgerton, David L., 2007. "A panel bootstrap cointegration test," Economics Letters, Elsevier, vol. 97(3), pages 185-190, December.
  99. Joakim Westerlund, 2007. "Testing for Error Correction in Panel Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
  100. Joakim Westerlund, 2006. "Testing for Panel Cointegration with Multiple Structural Breaks," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 68(1), pages 101-132, February.
  101. Westerlund, Joakim, 2006. "Testing for panel cointegration with a level break," Economics Letters, Elsevier, vol. 91(1), pages 27-33, April.
  102. Westerlund, Joakim, 2006. "Reducing the size distortions of the panel LM Test for cointegration," Economics Letters, Elsevier, vol. 90(3), pages 384-389, March.
  103. Joakim Westerlund, 2005. "New Simple Tests for Panel Cointegration," Econometric Reviews, Taylor & Francis Journals, vol. 24(3), pages 297-316.
  104. Joakim Westerlund, 2005. "Data Dependent Endogeneity Correction in Cointegrated Panels," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(5), pages 691-705, October.
  105. Joakim Westerlund, 0. "Estimating Cointegrated Panels with Common Factors and the Forward Rate Unbiasedness Hypothesis," Journal of Financial Econometrics, Society for Financial Econometrics, vol. 5(3), pages 491-522.

Editorship

  1. Empirical Economics, Springer.

More information

Research fields, statistics, top rankings, if available.

Statistics

Access and download statistics for all items

Rankings

This author is among the top 5% authors according to these criteria:
  1. Average Rank Score
  2. Number of Works
  3. Number of Distinct Works
  4. Number of Distinct Works, Weighted by Simple Impact Factor
  5. Number of Distinct Works, Weighted by Recursive Impact Factor
  6. Number of Distinct Works, Weighted by Number of Authors
  7. Number of Distinct Works, Weighted by Number of Authors and Simple Impact Factors
  8. Number of Distinct Works, Weighted by Number of Authors and Recursive Impact Factors
  9. Number of Citations
  10. Number of Citations, Discounted by Citation Age
  11. Number of Citations, Weighted by Simple Impact Factor
  12. Number of Citations, Weighted by Simple Impact Factor, Discounted by Citation Age
  13. Number of Citations, Weighted by Number of Authors
  14. Number of Citations, Weighted by Number of Authors, Discounted by Citation Age
  15. Number of Citations, Weighted by Number of Authors and Simple Impact Factors
  16. Number of Citations, Weighted by Number of Authors and Simple Impact Factors, Discounted by Citation Age
  17. Number of Citations, Weighted by Number of Authors and Recursive Impact Factors
  18. Number of Citations, Weighted by Number of Authors and Recursive Impact Factors, Discounted by Citation Age
  19. h-index
  20. Number of Registered Citing Authors
  21. Number of Registered Citing Authors, Weighted by Rank (Max. 1 per Author)
  22. Number of Journal Pages
  23. Number of Journal Pages, Weighted by Simple Impact Factor
  24. Number of Journal Pages, Weighted by Recursive Impact Factor
  25. Number of Journal Pages, Weighted by Number of Authors
  26. Number of Journal Pages, Weighted by Number of Authors and Simple Impact Factors
  27. Number of Journal Pages, Weighted by Number of Authors and Recursive Impact Factors
  28. Number of Abstract Views in RePEc Services over the past 12 months
  29. Number of Downloads through RePEc Services over the past 12 months
  30. Number of Abstract Views in RePEc Services over the past 12 months, Weighted by Number of Authors
  31. Number of Downloads through RePEc Services over the past 12 months, Weighted by Number of Authors
  32. Euclidian citation score
  33. Closeness measure in co-authorship network
  34. Betweenness measure in co-authorship network
  35. Breadth of citations across fields
  36. Wu-Index

Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 47 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-ECM: Econometrics (37) 2003-08-24 2003-11-16 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-10-22 2006-02-19 2006-05-13 2006-09-30 2006-12-16 2006-12-16 2007-01-14 2007-03-03 2007-05-19 2009-01-03 2009-09-26 2009-09-26 2009-09-26 2009-10-10 2011-06-18 2013-06-16 2014-02-08 2014-02-15 2014-02-15 2014-02-15 2014-03-22 2014-03-22 2014-04-29 2014-08-09 2014-08-09 2014-08-09 2014-08-09 2015-02-16 2015-02-16 2015-08-13. Author is listed
  2. NEP-ETS: Econometric Time Series (30) 2003-08-24 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-10-22 2006-02-19 2006-05-13 2006-09-30 2006-10-14 2006-12-16 2006-12-16 2007-03-03 2007-05-19 2009-01-03 2009-09-26 2009-09-26 2009-09-26 2009-10-10 2009-10-10 2011-06-18 2013-10-25 2014-02-02 2014-02-08 2014-02-15 2014-02-15 2014-02-15 2014-04-29 2015-02-16. Author is listed
  3. NEP-MON: Monetary Economics (7) 2003-11-16 2005-02-01 2006-09-30 2006-10-14 2006-12-16 2007-01-14 2008-09-20. Author is listed
  4. NEP-CBA: Central Banking (4) 2006-09-30 2006-10-14 2006-12-16 2008-09-20
  5. NEP-MAC: Macroeconomics (4) 2005-02-01 2006-09-30 2006-10-14 2006-12-16
  6. NEP-FOR: Forecasting (3) 2007-01-14 2013-06-16 2015-08-19
  7. NEP-SOG: Sociology of Economics (3) 2014-02-15 2014-02-15 2014-02-15
  8. NEP-CNA: China (2) 2008-11-11 2014-08-09
  9. NEP-TRA: Transition Economics (2) 2008-11-11 2014-08-09
  10. NEP-ENE: Energy Economics (1) 2007-05-19
  11. NEP-ENV: Environmental Economics (1) 2007-05-19
  12. NEP-GEO: Economic Geography (1) 2008-11-11
  13. NEP-HIS: Business, Economic & Financial History (1) 2007-05-19
  14. NEP-IFN: International Finance (1) 2008-09-20
  15. NEP-MKT: Marketing (1) 2015-02-16
  16. NEP-PBE: Public Economics (1) 2009-09-26
  17. NEP-URE: Urban & Real Estate Economics (1) 2009-09-26

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. For general information on how to correct material on RePEc, see these instructions.

To update listings or check citations waiting for approval, Joakim Westerlund should log into the RePEc Author Service.

To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. There, details are also given on how to add or correct references and citations.

To link different versions of the same work, where versions have a different title, use this form. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically.

Please note that most corrections can take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.