Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ C: Mathematical and Quantitative Methods
/ / C2: Single Equation Models; Single Variables
/ / / C23: Models with Panel Data; Spatio-temporal Models

2015

• Hidalgo, Javier & Seo, Myung Hwan, 2015, "Specification Tests For Lattice Processes," Econometric Theory, Cambridge University Press, volume 31, issue 2, pages 294-336, April.
• Diewert, Erwin & Shimizu, Chihiro, 2015, "Residential Property Price Indices For Tokyo," Macroeconomic Dynamics, Cambridge University Press, volume 19, issue 8, pages 1659-1714, December.
• Emine Ebru AKSOY & Erginbay U URLU, 2015, "How did the 2007-2008 Financial Crisis Influence Turkish Firms," Journal of Economics and Political Economy, EconSciences Journals, volume 2, issue 4, pages 494-506, December.
• Dimitrios PAPARAS & Christian RICHTER & Alexandros PAPARAS, 2015, "Fiscal Policy and Economic Growth, Empirical Evidence in European Union," Turkish Economic Review, EconSciences Journals, volume 2, issue 4, pages 239-268, December.
• Umit BULUT & Ahsen Seda BULUT, 2015, "The Role of Schooling in Struggling with the Middle-Income Trap: Dynamic Panel Data Analysis," Journal of Social and Administrative Sciences, EconSciences Journals, volume 2, issue 4, pages 205-215, December.
• Süleyman AÇIKALIN & Ýlker SAKINÇ, 2015, "Assessing Competition with the Panzar-Rosse Model in the Turkish Banking Sector," Journal of Economics Bibliography, EconSciences Journals, volume 2, issue 1, pages 18-28, March.
• Peter C. B. Phillips, 2015, "Pitfalls and Possibilities in Predictive Regression," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 2003, Jun.
• Violetta Dalla & Liudas Giraitis & Peter C. B. Phillips, 2015, "Testing Mean Stability of Heteroskedastic Time Series," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 2006, Jun.
• Peter C. B. Phillips, 2015, "Inference in Near Singular Regression," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 2009, Jul.
• Christian Krekel & Jens Kolbe & Henry Wüstemann, 2015, "The Greener, the Happier? The Effects of Urban Green and Abandoned Areas on Residential Well-Being," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 728.
• Daniel Avdic & Christian Bünnings, 2015, "Does the Burglar Also Disturb the Neighbor? Crime Spillovers on Individual Well-Being," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 737.
• Alan T. Piper, 2015, "Sleep Duration and Life Satisfaction," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 745.
• Christian Krekel & Alexander Zerrahn, 2015, "Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 760.
• Carsten Schröder & Shlomo Yitzhaki, 2015, "Revisiting the Evidence for a Cardinal Treatment of Ordinal Variables," SOEPpapers on Multidisciplinary Panel Data Research, DIW Berlin, The German Socio-Economic Panel (SOEP), number 772.
• Christian Dreger & Hans-Eggert Reimers, 2015, "The Impact of Public Investment on Private Investment in the Euro Area," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, volume 84, issue 3, pages 183-193, DOI: 10.3790/vjh.84.3.183.
• Christian Dreger & Hans-Eggert Reimers, 2015, "Die Auswirkungen staatlicher Investitionen auf private Investitionen in der Eurozone," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, volume 84, issue 4, pages 145-156, DOI: 10.3790/vjh.84.4.145.
• Maximilian Priem & Jürgen Schupp, 2015, "Die Nutzung des Kulturangebots in Deutschland," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, volume 82, issue 20, pages 487-497.
• Guglielmo Maria Caporale & Anamaria Sova & Robert Sova, 2015, "Trade Flows and Trade Specialisation: The Case of China," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1453.
• Caroline Stiel & Astrid Cullmann & Maria Nieswand, 2015, "Productivity in Electricity Retail after Market Liberalisation: Analysing the Effects of Ownership and Firm's Governance Structure," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1531.
• Gomis Porqueras, Pedro & Puzzello, Laura, 2015, "Winners and losers from the Euro," Working Papers, Deakin University, Department of Economics, number eco_2015_2, Jan.
• Westerlund, Joakim & Narayan, Paresh & Zheng, Xinwei, 2015, "Testing for stock return predictability in a large Chinese panel," Working Papers, Deakin University, Department of Economics, number fe_2015_11, Jan, DOI: 10.1016/j.ememar.2015.05.004.
• Cécile Couharde & Serge Rey & Audrey Sallenave, 2015, "External debt and real exchange rates’adjustment in the euro area: New evidence from a nonlinear NATREX model," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2015-20.
• Daniel Avdic, 2015, "A Matter of Life and Death? Hospital Distance and Quality of Care - Evidence from Emergency Hospital Closures and Myocardial Infarctions," CINCH Working Paper Series, Universitaet Duisburg-Essen, Competent in Competition and Health, number 1501, Jan, revised Jan 2015.
• Kutluk KaÄŸan SÃœMER, 2015, "Effectiveness of technical analysis indicators over stock return: A Panel Data Approach," Eurasian Eononometrics, Statistics and Emprical Economics Journal, Eurasian Academy Of Sciences, volume 1, issue 1, pages 43-56, February, DOI: 10.17740/eas.stat.2015.V1-04.
• Schudel, Willem, 2015, "Shifting horizons: assessing macro trends before, during, and following systemic banking crises," Working Paper Series, European Central Bank, number 1766, Mar.
• Afonso, António & Arghyrou, Michael G. & Kontonikas, Alexandros, 2015, "The determinants of sovereign bond yield spreads in the EMU," Working Paper Series, European Central Bank, number 1781, Apr.
• Schwarz, Claudia & Kripfganz, Sebastian, 2015, "Estimation of linear dynamic panel data models with time-invariant regressors," Working Paper Series, European Central Bank, number 1838, Aug.
• Albuquerque, Bruno & Krustev, Georgi, 2015, "Debt overhang and deleveraging in the US household sector: gauging the impact on consumption," Working Paper Series, European Central Bank, number 1843, Aug.
• Almanidis, Pavlos & Karagiannis, Giannis & Sickles, Robin C., 2015, "Semi-nonparametric Spline Modifications to the Cornwell-Schmidt-Sickles Estimator: An Analysis of U.S. Banking Productivity," Working Papers, Rice University, Department of Economics, number 15-008, Jun.
• Duygun, Meryem & Hao, Jiaqi & Isaksson, Anders & Sickles, Robin C., 2015, "World Productivity Growth: A Model Averaging Approach," Working Papers, Rice University, Department of Economics, number 15-011, May.
• Duygun, Meryem & Shaban, Mohamed & Sickles, Robin C. & Weyman-Jones, Thomas, 2015, "How Regulatory Capital Requirement Affect Banks' Productivity: An Application to Emerging Economies' Banks," Working Papers, Rice University, Department of Economics, number 15-012, Jun.
• Fare, Rolf & Grosskopf, Shawna & Shang, Chenjun & Sickles, Robin, 2015, "Pricing Characteristics: An Application of Shepard's Dual Lemma," Working Papers, Rice University, Department of Economics, number 15-013, May.
• Glass, Anthony J. & Kenjegalieva, Karligash & Sickles, Robin C., 2015, "A Spatial Autoregressive Stochastic Frontier Model for Panel Data with Asymmetric Efficiency Spillovers," Working Papers, Rice University, Department of Economics, number 15-014, Apr.
• Han, Jaepil & Ryu, Deockhyun & Sickles, Robin, 2015, "How to Measure Spillover Effects of Public Capital Stock: A Spatial Autoregressive Stochastic Frontier Model," Working Papers, Rice University, Department of Economics, number 15-015, Jul.
• Inanoglu, Hulusi & Jacobs, Michael, Jr. & Liu, Junrong & Sickles, Robin, 2015, "Analyzing Bank Efficiency: Are "Too-Big-to-Fail" Banks Efficient?," Working Papers, Rice University, Department of Economics, number 15-016, Mar.
• Selahattin GURIS & Irem SACAKLI SACILDI & Elif GUNEREN GENC, 2015, "Determining the Effects of Factors on FDI in Global Crisis Period," International Journal of Economics and Financial Issues, Econjournals, volume 5, issue 1, pages 1-10.
• Jimoh Olakunle SAKA & Ibiyemi Ajoke ONAFOWOKAN & Adekunle Ademayowa ADEBAYO, 2015, "Analysis of Convergence Criteria in a Proposed Monetary Union: A Study of the Economic Community of West African States," International Journal of Economics and Financial Issues, Econjournals, volume 5, issue 1, pages 230-239.
• Bounlert Vanhnalat & Phouphet Kyophilavong & Alay Phonvisay & Bouason Sengsourivong, 2015, "Assessment the Effect of Free Trade Agreements on Exports of Lao PDR," International Journal of Economics and Financial Issues, Econjournals, volume 5, issue 2, pages 365-376.
• Helmi Hamdi & Ali Said & Rashid Sbia, 2015, "Empirical Evidence on the Long-Run Money Demand Function in the Gulf Cooperation Council Countries," International Journal of Economics and Financial Issues, Econjournals, volume 5, issue 2, pages 603-612.
• Khalifa Hassanain, 2015, "Special Drawing Right and Currency Risk Management," International Journal of Economics and Financial Issues, Econjournals, volume 5, issue 3, pages 780-785.
• Cosimo Magazzino & Lorenzo Giolli & Marco Mele, 2015, "Wagner's Law and Peacock and Wiseman's Displacement Effect in European Union Countries: A Panel Data Study," International Journal of Economics and Financial Issues, Econjournals, volume 5, issue 3, pages 812-819.
• Nuno Carlos Leit o, 2015, "Energy Consumption and Foreign Direct Investment: A Panel Data Analysis for Portugal," International Journal of Energy Economics and Policy, Econjournals, volume 5, issue 1, pages 138-147.
• Muhammad Shahbaz & Smile Dube & Ilhan Ozturk & Abdul Jalil, 2015, "Testing the Environmental Kuznets Curve Hypothesis in Portugal," International Journal of Energy Economics and Policy, Econjournals, volume 5, issue 2, pages 475-481.
• Bose, Udichibarna & MacDonald, Ronald & Tsoukas, Serafeim, 2015, "Policy initiatives and firms' access to external finance: Evidence from a panel of emerging Asian economies," SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE), number 2015-65, Jan.
• Leon-Gonzalez, Roberto & Vinayagathasan, Thanabalasingam, 2015, "Robust determinants of growth in Asian developing economies: A Bayesian panel data model averaging approach," Journal of Asian Economics, Elsevier, volume 36, issue C, pages 34-46, DOI: 10.1016/j.asieco.2014.12.001.
• Baiardi, Donatella & Bianchi, Carluccio & Lorenzini, Eleonora, 2015, "The price and income elasticities of the top clothing exporters: Evidence from a panel data analysis," Journal of Asian Economics, Elsevier, volume 38, issue C, pages 14-30, DOI: 10.1016/j.asieco.2015.03.003.
• Caporale, Guglielmo Maria & Sova, Anamaria & Sova, Robert, 2015, "Trade flows and trade specialisation: The case of China," China Economic Review, Elsevier, volume 34, issue C, pages 261-273, DOI: 10.1016/j.chieco.2015.03.010.
• Ekaterina Gavenas & Knut Einar Rosendahl & Terje Skjerpen, 2015, "CO2-emissions form Norwegian oil and gas extraction," Discussion Papers, Statistics Norway, Research Department, number 806, Apr.
• Brantley Liddle & George Messinis, 2015, "Which comes first - urbanization or economic growth? Evidence from heterogeneous panel causality tests," Applied Economics Letters, Taylor & Francis Journals, volume 22, issue 5, pages 349-355, March, DOI: 10.1080/13504851.2014.943877.
• Tsangyao Chang & Tsung-Pao Wu & Rangan Gupta, 2015, "Are house prices in South Africa really nonstationary? Evidence from SPSM-based panel KSS test with a Fourier function," Applied Economics, Taylor & Francis Journals, volume 47, issue 1, pages 32-53, January, DOI: 10.1080/00036846.2014.959657.
• Enrique Moral-Benito & Luis Serv鮠, 2015, "Testing weak exogeneity in cointegrated panels," Applied Economics, Taylor & Francis Journals, volume 47, issue 30, pages 3216-3228, June, DOI: 10.1080/00036846.2015.1013611.
• Ant Afonso & Christophe Rault, 2015, "Short- and long-run behaviour of long-term sovereign bond yields," Applied Economics, Taylor & Francis Journals, volume 47, issue 37, pages 3971-3993, August, DOI: 10.1080/00036846.2015.1023940.
• W. Erwin Diewert & Jan de Haan & Rens Hendriks, 2015, "Hedonic Regressions and the Decomposition of a House Price Index into Land and Structure Components," Econometric Reviews, Taylor & Francis Journals, volume 34, issue 1-2, pages 106-126, February, DOI: 10.1080/07474938.2014.944791.
• Heath Henderson & Leonardo Corral & Eric Simning & Paul Winters, 2015, "Land Accumulation Dynamics in Developing Country Agriculture," Journal of Development Studies, Taylor & Francis Journals, volume 51, issue 6, pages 743-761, June, DOI: 10.1080/00220388.2014.989993.
• Başak Dalgıç & Burcu Fazlıoğlu & Deniz Karaoğlan, 2015, "Entry to foreign markets and productivity: Evidence from a matched sample of Turkish manufacturing firms," The Journal of International Trade & Economic Development, Taylor & Francis Journals, volume 24, issue 5, pages 638-659, August, DOI: 10.1080/09638199.2014.948904.
• Chihiro Shimizu & W. Erwin Diewert & Kiyohiko G. Nishimura & Tsutomu Watanabe, 2015, "Estimating quality adjusted commercial property price indexes using Japanese REIT data," Journal of Property Research, Taylor & Francis Journals, volume 32, issue 3, pages 217-239, September, DOI: 10.1080/09599916.2015.1059875.
• Harald Badinger & Peter Egger, 2015, "Fixed Effects and Random Effects Estimation of Higher-order Spatial Autoregressive Models with Spatial Autoregressive and Heteroscedastic Disturbances," Spatial Economic Analysis, Taylor & Francis Journals, volume 10, issue 1, pages 11-35, March, DOI: 10.1080/17421772.2014.992362.
• Aytul Ganioglu & Cihan Yalcin, 2015, "Domestic Savings-Investment Gap and Growth : A Cross-Country Panel Study," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, volume 15, issue 1, pages 39-63.
• Hatice Bengu Alp & Cihan Yalcin, 2015, "Liability Dollarization and Growth Performance of Non-Financial Firms in Turkey," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 1501.
• Ihsan Bozok & Bahar Sen Dogan & Caglar Yunculer, 2015, "Estimating Income and Price Elasticity of Turkish Exports with Heterogeneous Panel Time-Series Methods," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 1526.
• Laurent Callot & Mehmet Caner & Anders Bredahl Kock & Juan Andres Riquelme, 2015, "Sharp Threshold Detection based on Sup-Norm Error Rates in High-dimensional Models," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 15-019/III, Feb.
• Sabien Dobbelaere & Jacques Mairesse, 2015, "Comparing Micro-Evidence on Rent Sharing from Three Different Approaches," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 15-068/VII, May.
• Wolter H.J. Hassink & Pierre Koning & Wim Zwinkels, 2015, "Employers Opting Out of Public Disability Insurance: Selection or Incentive Effects?," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 15-081/V, Jul.
• Bernard M.S. van Praag, 2015, "A New View on Panel Econometrics. Is Probit feasible after all ?," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 15-112/V, Sep.
• Franc Klaassen & Rutger Teulings, 2015, "Untangling Fixed Effects and Constant Regressors," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 15-137/VI, Dec.
• Cizek, P. & Aquaro, M., 2015, "Robust Estimation and Moment Selection in Dynamic Fixed-effects Panel Data Models," Discussion Paper, Tilburg University, Center for Economic Research, number 2015-002.
• Cizek, P. & Jacobs, J. & Ligthart, J.E. & Vrijburg, H., 2015, "GMM Estimation of Fixed Effects Dynamic Panel Data Models with Spatial Lag and Spatial Errors (Revised version of CentER DP 2011-134)," Discussion Paper, Tilburg University, Center for Economic Research, number 2015-003.
• Sarmiento Paipilla, N.M. & Galán, Jorge E., 2015, "The Influence of Risk-taking on Bank Efficiency : Evidence from Colombia," Discussion Paper, Tilburg University, Center for Economic Research, number 2015-036.
• Sarmiento Paipilla, N.M. & Galán, Jorge E., 2015, "The Influence of Risk-taking on Bank Efficiency : Evidence from Colombia," Other publications TiSEM, Tilburg University, School of Economics and Management, number 7ed3f335-b5ee-4312-bc83-7.
• Sarmiento Paipilla, N.M. & Galán, Jorge E., 2015, "The Influence of Risk-taking on Bank Efficiency : Evidence from Colombia," Other publications TiSEM, Tilburg University, School of Economics and Management, number f7a73cdb-55a2-40d3-936f-7.
• Shahidul Islam & Shin-Ichi Nishiyama, 2015, "The determinants of bank net interest margins: A panel evidence from South Asian countries," DSSR Discussion Papers, Graduate School of Economics and Management, Tohoku University, number 32, Feb.
• Florent DEISTING & Serge REY, 2015, "Determinants Of Tourism In French Overseas Departments And Collectivities," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, volume 42, pages 215-230.
• Yannis Ioannides, 2015, "Endogenous Social Networks and Inequality in an Intergenerational Setting," Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University, number 0814.
• Roxana Gutierrez-Romero & Luciana Méndez Errico, 2015, "The Long-Term Impact of Inequality on Entrepreneurship and Job Creation," Working Papers, Department of Applied Economics at Universitat Autonoma of Barcelona, number wpdea1501, Jan.
• Diewert, W. Erwin & Nishimura , Kiyohiko G. & Shimizu, Chihiro & Watanabe, Tsutomu, 2015, "Estimating Quality Adjusted Commercial Property Price Indexes Using Japanese REIT Data," Economics working papers, Vancouver School of Economics, number erwin_diewert-2015-16, Aug, revised 04 Aug 2015.
• Carlo Fezzi & Ian Bateman, 2015, "The Impact of Climate Change on Agriculture: Nonlinear Effects and Aggregation Bias in Ricardian Models of Farmland Values," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, volume 2, issue 1, pages 57-92, DOI: 10.1086/680257.
• Edward P. Lazear & Kathryn L. Shaw & Christopher T. Stanton, 2015, "The Value of Bosses," Journal of Labor Economics, University of Chicago Press, volume 33, issue 4, pages 823-861, DOI: 10.1086/681097.
• Lawrence E. Blume & William A. Brock & Steven N. Durlauf & Rajshri Jayaraman, 2015, "Linear Social Interactions Models," Journal of Political Economy, University of Chicago Press, volume 123, issue 2, pages 444-496, DOI: 10.1086/679496.
• Furkan Emirmahmutoglu & Rangan Gupta & Stephen M. Miller & Tolga Omay, 2015, "Is Real Per Capita State Personal Income Stationary? New Nonlinear, Asymmetric Panel-Data Evidence," Working papers, University of Connecticut, Department of Economics, number 2015-02, Mar.
• Natalia Ferreira-Coímbra & Juan Labraga, 2015, "Efecto comercial sobre las exportaciones de las medidas sanitarias y fitosanitarias: el caso de la carne bovina y los productos agrícolas genéticamente modificados (GMO)," Documentos de Trabajo (working papers), Department of Economics - dECON, number 1215, Dec.
• Antonio Musolesi & Cem Ertur, 2015, "Weak and Strong cross-sectional dependence: a panel data analysis of international technology diffusion," Working Papers, University of Ferrara, Department of Economics, number 2015064, Mar.
• Antonio Musolesi & Jean Pierre Huiban & Camilla Mastromarco & Michel Simioni, 2015, "The impact of pollution abatement investments on technology: Porter hypothesis revisited," Working Papers, University of Ferrara, Department of Economics, number 2015084, Apr.
• Helmi Hamdi & Ali Said & Rashid Sbia, 2015, "Empirical evidence on the long-run money demand function in the gulf cooperation council countries," ULB Institutional Repository, ULB -- Universite Libre de Bruxelles, number 2013/199937.
• Vincent Duwicquet & Jacques Mazier & Jamel Saadaoui, 2015, "Interest Rates, Eurobonds and Intra-European Exchange Rate Misalignments: the Challenge of Sustainable Adjustments in the Eurozone," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2015-03.
• Tapas Mishra & Mamata Parhi & Claude Diebolt & Prashant Gupta, 2015, "Environmental Kuznets Curve and Economic Growth: The Role of Institutional Quality and Distributional Heterogeneity Revisited," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2015-05.
• Florian Grosset & Phu Nguyen-Van, 2015, "Consommation d’énergie et croissance économique en Afrique subsaharienne," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2015-29.
• Yoosoon Chang & Robert K. Kaufmann & Chang Sik Kim & J. Isaac Miller & Joon Y. Park & Sungkeun Park, 2015, "Time Series Analysis of Global Temperature Distributions: Identifying and Estimating Persistent Features in Temperature Anomalies," Working Papers, Department of Economics, University of Missouri, number 1513, Sep, revised 25 Jul 2016.
• Yoosoon Chang & Robert K. Kaufmann & Chang Sik Kim & J. Isaac Miller & Joon Y. Park & Sungkeun Park, 2016, "Evaluating trends in time series of distributions: A spatial fingerprint of human effects on climate," Working Papers, Department of Economics, University of Missouri, number 1622, revised 17 Sep 2018.
• Cette, Gilbert & Lopez, Jimmy & Mairesse, Jacques, 2015, "Product and labour market regulations, production prices, wages and productivity," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2015-028.
• Dobbelaere, Sabien & Mairesse, Jacques, 2015, "Comparing micro-evidence on rent sharing from three different approaches," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2015-029.
• Dobbelaere, Sabien & Lauterbach, Rodolfo & Mairesse, Jacques, 2015, "Micro-evidence on product and labor market regime differences between Chile and France," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2015-030.
• Carl-Johan Dalgaard & Henrik Hansen, 2015, "The Return to Foreign Aid," WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER), number wp-2015-053.
• Fricke, Hans, 2015, "Identification based on Difference-in-Differences Approaches with Multiple Treatments," Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science, number 1510, May.
• Sari, Nazmi & Lechner, Michael, 2015, "Long-run health effects of sports and exercise in Canada," Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science, number 1520, Sep.
• Fuess, Roland & Zietz, Joachim, 2015, "The Economic Drivers of Differences in House Price Inflation Rates across MSAs," Working Papers on Finance, University of St. Gallen, School of Finance, number 1526, Dec.
• Laura Policardo & Lionello F. Punzo & Edgar J. Sánchez Carrera, 2015, "Brazil and China: Two Routes of Economic Development," Department of Economics University of Siena, Department of Economics, University of Siena, number 709, Mar.
• Federico Crescenzi & Gianni Betti & Francesca Gagliardi, 2015, "Comparing small area techniques for estimating poverty measures," Department of Economics University of Siena, Department of Economics, University of Siena, number 721, Dec.
• Revelli, Federico, 2015, "The electoral migration cycle," Department of Economics and Statistics Cognetti de Martiis. Working Papers, University of Turin, number 201548, Dec.
• Andrea Tafuro, 2015, "The Effects of Fiscal Policy on Employment: an Analysis of the Aggregate Evidence," Working Papers, Department of Economics, University of Venice "Ca' Foscari", number 2015: 03.
• Mariangela Bonasia & Rosaria Rita Canale, 2015, "On the Objective of Sound Public Finance in Eurozone," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, volume 123, issue 2, pages 161-178.
• Massimiliano Agovino & Agnese Rapposelli, 2015, "Macroeconometric evaluation of flexicurity in the case of disabled workers. A panel approach using italian regional data," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, volume 123, issue 3, pages 261-284.
• Alberto Montagnoli & Andrea Vaona, 2015, "Searching for Money Illusion in Europe," Working Papers, University of Verona, Department of Economics, number 10/2015, Mar.
• BOITAN, Iustina Alina, 2015, "Determinants Of Sustainable Banks’ Profitability. Evidence From Eu Countries," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", volume 19, issue 1, pages 21-39.
• Sibel Balı Eryiğit & Kadir Yasin Eryiğit & Ercan Dülgeroğlu, 2015, "Local Financial Development and Capital Accumulations: Evidence from Turkey," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 62, issue 3, pages 339-360.
• Vesna Bucevska, 2015, "Currency Crises in EU Candidate Countries: An Early Warning System Approach," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 62, issue 4, pages 493-510.
• Antczak-Stępniak Agata, 2015, "Local Factors Influencing The Increase In Development Activity In Selected Cities Of Poland," Real Estate Management and Valuation, Sciendo, volume 23, issue 3, pages 73-84, September, DOI: 10.1515/remav-2015-0027.
• Márquez-Padilla,Fernanda & Pérez-Arce,Francisco & Rodriguez Castelan,Carlos, 2015, "The (non-) effect of violence on education : evidence from the"war on drugs"in Mexico," Policy Research Working Paper Series, The World Bank, number 7230, Apr.
• Claudiu Tiberiu Albulescu & Daniel Goyeau & Cornel Oros, 2015, "On the Long Run Money-Prices Relationship in CEE Countries," Economic Research Guardian, Mutascu Publishing, volume 5, issue 1, pages 73-96, June.
• Sevil Acar & Burhan Can Karahasan, 2015, "Uncovering Norway’s regional disparities with respect to natural riches," REGION, European Regional Science Association, volume 2, pages 1-31.
• Emmanouil Tranos & Yannis Ioannides, 2015, "Ubiquitous digital technologies and spatial structure: a preliminary analysis," ERSA conference papers, European Regional Science Association, number ersa15p1329, Oct.
• Erika Ribeiro & Eduardo Almeida, 2015, "Are there evidences of race to the bottom and welfare migration in Brazilians municipalities?," ERSA conference papers, European Regional Science Association, number ersa15p1433, Oct.
• Federico Biagi & Daniele Bondonio & Alberto Martini, 2015, "Counterfactual Impact Evaluation of Enterprise Support Programmes. Evidence from a Decade of Subsidies to Italian Firm," ERSA conference papers, European Regional Science Association, number ersa15p1619, Oct.
• Daniel Felsenstein & Michael Beenstock & Ziv Rubin, 2015, "Visa Waivers, Multilateral Resistance and International Tourism: Some Evidence from Israel," ERSA conference papers, European Regional Science Association, number ersa15p187, Oct.
• Mercedes Castro-Nuño & José I. Castillo-Manzano & Xavier Fageda, 2015, "Do more trucks lead to more motor vehicle fatalities in European roads? Evaluating the impact of specific safety strategies," ERSA conference papers, European Regional Science Association, number ersa15p306, Oct.
• Gertrudes Guerreiro & António Caleiro, 2015, "The Spatial Convergence of Knowledge in Portugal," ERSA conference papers, European Regional Science Association, number ersa15p460, Oct.
• Gertrudes Guerreiro & António Guerreiro, 2015, "Regional Convergence and R&D Investment: Applied investigation in Portugal," ERSA conference papers, European Regional Science Association, number ersa15p463, Oct.
• Konstantin Kholodilin, 2015, "Speculative Bubbles in Urban Housing Markets in Germany," ERSA conference papers, European Regional Science Association, number ersa15p67, Oct.
• Alicja Olejnik & Jakub Olejnik, 2015, "An empirical example of spatial process of productivity growth in NUTS 2 regions," ERSA conference papers, European Regional Science Association, number ersa15p781, Oct.
• Paul Elhorst & Diego Firmino Costa da Silva & Raul da Mota Silveira Neto, 2015, "A Spatial Economic Model and Spatial Econometric Analysis of Population Dynamics in Brazilian MCAs," ERSA conference papers, European Regional Science Association, number ersa15p83, Oct.
• Jean J. Gabszewicz & Skerdilajda Zanaj, 2015, "(Un)stable vertical collusive agreements," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 48, issue 3, pages 924-939, August, DOI: 10.1111/caje.12163.
• Stéphane Bonhomme & Elena Manresa, 2015, "Grouped Patterns of Heterogeneity in Panel Data," Econometrica, Econometric Society, volume 83, issue 3, pages 1147-1184, May.
• Kaddour Hadri & Eiji Kurozumi & Yao Rao, 2015, "Novel panel cointegration tests emending for cross‐section dependence with N fixed," Econometrics Journal, Royal Economic Society, volume 18, issue 3, pages 363-411, October.
• Christian Bünnings & Harald Tauchmann, 2015, "Who Opts out of the Statutory Health Insurance? A Discrete Time Hazard Model for Germany," Health Economics, John Wiley & Sons, Ltd., volume 24, issue 10, pages 1331-1347, October, DOI: 10.1002/hec.3091.
• Terence C. Cheng & Pravin K. Trivedi, 2015, "Attrition Bias in Panel Data: A Sheep in Wolf's Clothing? A Case Study Based on the Mabel Survey," Health Economics, John Wiley & Sons, Ltd., volume 24, issue 9, pages 1101-1117, September, DOI: 10.1002/hec.3206.
• Péter Elek & Balázs Váradi & Márton Varga, 2015, "Effects of Geographical Accessibility on the Use of Outpatient Care Services: Quasi‐Experimental Evidence from Panel Count Data," Health Economics, John Wiley & Sons, Ltd., volume 24, issue 9, pages 1131-1146, September, DOI: 10.1002/hec.3201.
• Tiago V. De V. Cavalcanti & Kamiar Mohaddes & Mehdi Raissi, 2015, "Commodity Price Volatility and the Sources of Growth," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 30, issue 6, pages 857-873, September.
• Niklas Potrafke & Markus Reischmann, 2015, "Fiscal Transfers and Fiscal Sustainability," Journal of Money, Credit and Banking, Blackwell Publishing, volume 47, issue 5, pages 975-1005, August, DOI: 10.1111/jmcb.12231.
• de Chaisemartin, Clement & D'Haultfoeuille, Xavier, 2015, "Fuzzy Differences-in-Differences," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1065.
• de Chaisemartin, Clement & D'Haultfoeuille, Xavier, 2015, "Supplement to Fuzzy Differences-in-Differences," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1066.
• Mohsen Bahmani-Oskooee & ABM Nasir, 2015, "Purchasing Power Parity and the Law of One Price: Evidence from Commodity Prices in Asian Countries," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., volume 15, issue 2, pages 231-240, July, DOI: 10.1515/GEJ-2014-0051.
• Katja Mann, 2015, "The EU, a Growth Engine? The Impact of European Integration on Economic Growth in Central Eastern Europe," FIW Working Paper series, FIW, number 136, Jan.
• Morgan, Peter & Regis, Paulo José & Salike, Nimesh, 2015, "Loan-to-Value Policy as a Macroprudential Tool: The Case of Residential Mortgage Loans in Asia," RIEI Working Papers, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration, number 2015-03, Aug.
• Dormont, B. & Péron, M., 2015, "Does health insurance encourage the rise in medical prices?," Health, Econometrics and Data Group (HEDG) Working Papers, HEDG, c/o Department of Economics, University of York, number 15/16, Sep.
• Jia Chen & Degui Li & Yingcun Xia, 2015, "New Semiparametric Estimation Procedure for Functional Coefficient Longitudinal Data Models," Discussion Papers, Department of Economics, University of York, number 15/17, Oct.
• Elham Torkian, 2015, "A Panel Data Approach to the Measurement of Health Technical Efficiency of Sub-Saharan Africa," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, volume 18, issue 1, pages 1-15, May.
• You, Kefei, 2015, "What drives China's outward FDI? A regional analysis," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 16/2015.
• Comunale, Mariarosaria, 2015, "Current account and REER misalignments in Central Eastern EU countries: an update using the macroeconomic balance approach," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 28/2015.
• Krupkina, Anna & Ponomarenko, Alexey, 2015, "Deposit dollarization in emerging markets: modelling the hysteresis effect," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 32/2015.
• Kick, Thomas & Pausch, Thilo & Ruprecht, Benedikt, 2015, "The winner's curse: Evidence on the danger of aggressive credit growth in banking," Discussion Papers, Deutsche Bundesbank, number 32/2015.
• Coglianese, John & Davis, Lucas W. & Kilian, Lutz & Stock, James H., 2015, "Anticipation, tax avoidance, and the price elasticity of gasoline demand," CFS Working Paper Series, Center for Financial Studies (CFS), number 503.
• Gammoudi, Mouna & Cherif, Mondher, 2015, "Capital account openness, political institutions and FDI in the MENA region: An empirical investigation," Economics Discussion Papers, Kiel Institute for the World Economy, number 2015-10.
• Caicedo Marulanda, Carolina & Mora Rodríguez, Jhon James & Barber, José Bla & Darder, Fidel León, 2015, "A microeconometric analysis of the springboard subsidiary: The case of Spanish firms," Economics Discussion Papers, Kiel Institute for the World Economy, number 2015-23.
• Caicedo Marulanda, Carolina & Pla-Barber, José & León Darder, Fidel & Mora, Jhon James, 2015, "A microeconometric analysis of the springboard subsidiary: The case of Spanish firms," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, volume 9, pages 1-34, DOI: 10.5018/economics-ejournal.ja.2015-.
• Herzer, Dierk & Nunnenkamp, Peter, 2015, "Income inequality and health: Evidence from developed and developing countries," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, volume 9, pages 1-56, DOI: 10.5018/economics-ejournal.ja.2015-.
• Candelaria, José Alberto, 2015, "A panel data analysis of temporary and permanent effects of fixed broadband penetration over economic growth," 2015 Regional ITS Conference, Los Angeles 2015, International Telecommunications Society (ITS), number 146312.
• Avdic, Daniel & Bünnings, Christian, 2015, "Does the Burglar Also Disturb the Neighbor? Crime Spillovers on Individual Well-being," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 540, DOI: 10.4419/86788618.
• Belke, Ansgar & Kronen, Dominik & Osowski, Thomas, 2015, "Planned fiscal consolidations and growth forecast errors: New panel evidence on fiscal multipliers," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 569, DOI: 10.4419/86788655.
• Brändle, Thomas & Colombier, Carsten, 2015, "What drives public health care expenditure growth? Evidence from Swiss cantons, 1970-2012," FiFo Discussion Papers - Finanzwissenschaftliche Diskussionsbeiträge, University of Cologne, FiFo Institute for Public Economics, number 15-2.
• Herzer, Dierk, 2015, "The long-run effect of foreign direct investment on total factor productivity in developing countries: A panel cointegration analysis," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 112827.
• Floro, Danvee & van Roye, Björn, 2015, "Threshold Effects of Financial Stress on Monetary Policy Rules: A Panel Data Analysis," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 112840.
• Brenner, Thomas, 2015, "Science, Innovation and National Growth," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 112873.
• Stiel, Caroline & Cullmann, Astrid & Nieswand, Maria, 2015, "Productivity in the Electricity Retail Market: Does Ownership Matter? A Structural Production Function Approach for Germany," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 112954.
• Zerrahn, Alexander & Krekel, Christian, 2015, "Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 112956.
• Grundmann, Rainer & Gries, Thomas, 2015, "Crucial for Modern Sector Development? The Role of Exports and Institutions in Developing Countries," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 112962.
• Vogler, Jan & Liesenfeld, Roman & Richard, Jean-Francois, 2015, "Likelihood based inference and prediction in spatio-temporal panel count models for urban crimes," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113131.
• Kamhöfer, Daniel A. & Cattan, Sarah & Karlsson, Martin & Nilsson, Therese, 2015, "The Effects of Sickness Absence in School on Educational Achievements, Mortality and Income," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113180.
• Oestmann, Marco & Bennöhr, Lars, 2015, "Determinants of house price dynamics. What can we learn from search engine data?," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113198.
• Moczall, Andreas, 2015, "The effect of hiring subsidies on regular wages," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association, number 113225.
• Gründler, Klaus & Köllner, Sebastian, 2015, "Determinants of governmental redistribution," Discussion Paper Series, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy, number 132.
• Kaiser, Ulrich & Mendez, Susan J., 2015, "How do drug prices respond to a change from external to internal reference pricing? Evidence from a Danish regulatory reform," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 15-004.
• Roberto Leon-Gonzalez & Thanabalasingam Vinayagathasan, 2015, "Robust Determinants of Growth in Asian Developing Economies: A Bayesian Panel Data Model Averaging Approach," GRIPS Discussion Papers, National Graduate Institute for Policy Studies, number 15-15, Sep.
• Daniel Bernhofen & Markus Eberhardt & Jianan Li & Stephen Morgan, 2015, "Assessing Market (Dis)Integration in Early Modern China and Europe," Discussion Papers, University of Nottingham, GEP, number 2015-12.
• Mirian Rumenos Piedade Bacchi & Carlos Eduardo Caldarelli, 2015, "Impactos socioeconômicos da expansão do setor sucroenergético no Estado de São Paulo, entre 2005 e 2009 [Social-economic impacts of the expansion of the sugar and ethanol sector in Sao Paulo state bet," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), volume 25, issue 1, pages 209-224, January-A.
• Tatiana Kolodin Ferrari & Gutemberg Hespanha Brasil, 2015, "Comportamento do desemprego regional no Brasil: uma aplicação de teste de convergência em painel [Behavior of regional unemployment in Brazil: an application of convergence test using panel data]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), volume 25, issue 3, pages 673-688, September.
• V. Dortet-Bernadet & M. Sicsic, 2015, "The effect of public support on R&D employment in small firms," Documents de Travail de l'Insee - INSEE Working Papers, Institut National de la Statistique et des Etudes Economiques, number g2015-11.
• Zouheir Abida & Imen Mohamed Sghaier & Nahed Zghidi, 2015, "Financial Development and Economic Growth: Evidence from North African Countries," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 17-33, April.
• Jan Rieländer & Bakary Traoré, 2015, "Explaining Diversification in Exports Across Higher Manufacturing Content: What is the role of commodities?," OECD Development Centre Working Papers, OECD Publishing, number 327, Sep, DOI: 10.1787/5jrs8sq91p9x-en.
• Alessandro Saia & Dan Andrews & Silvia Albrizio, 2015, "Productivity Spillovers from the Global Frontier and Public Policy: Industry-Level Evidence," OECD Economics Department Working Papers, OECD Publishing, number 1238, Jun, DOI: 10.1787/5js03hkvxhmr-en.
• Pavla Klepková Vodová & Daniel Stavárek, 2015, "Factors Affecting Sensitivity of Czech and Slovak Commercial Banks to Bank Run," Working Papers, Silesian University, School of Business Administration, number 0020, Nov.
• Popovici Oana Cristina, 2015, "Assessing Fdi Determinants In Cee Countries During And After Transition," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, volume 1, issue 1, pages 113-122, July.
• Draghescu Florin, 2015, "The Analysis Of Flat Glass Exports For Romania Using The Gravity Model," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, volume 1, issue 1, pages 1224-1235, July.
• Filip Bogdan Florin, 2015, "Impact Factors On Banking Activity Performance In Central And Eastern European Countries," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, volume 1, issue 2, pages 416-424, December.
• David Kiefer & Codrina Rada, 2015, "Profit maximising goes global: the race to the bottom," Cambridge Journal of Economics, Cambridge Political Economy Society, volume 39, issue 5, pages 1333-1350.
• Erik Biørn & Hild-Marte Bjørnsen, 2015, "What motivates farm couples to seek off-farm labour? A logit analysis of job transitions," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, volume 42, issue 2, pages 339-365.
• Rulof P. Burger & Francis J. Teal, 2015, "The Effect of Schooling on Worker Productivity: Evidence from a South African Industry Panel," Journal of African Economies, Centre for the Study of African Economies, volume 24, issue 5, pages 629-644.
• Sylvie Charlot & Riccardo Crescenzi & Antonio Musolesi, 2015, "Econometric modelling of the regional knowledge production function in Europe," Journal of Economic Geography, Oxford University Press, volume 15, issue 6, pages 1227-1259.
• Joakim Westerlund & Paresh Narayan, 2015, "A Random Coefficient Approach to the Predictability of Stock Returns in Panels," Journal of Financial Econometrics, Oxford University Press, volume 13, issue 3, pages 605-664.
• Martyn Andrews & Hans-Dieter Gerner & Thorsten Schank & Richard Upward, 2015, "More hours, more jobs? The employment effects of longer working hours," Oxford Economic Papers, Oxford University Press, volume 67, issue 2, pages 245-268.
• Francesco Caselli & Massimo Morelli & Dominic Rohner, 2015, "The Geography of Interstate Resource Wars," The Quarterly Journal of Economics, President and Fellows of Harvard College, volume 130, issue 1, pages 267-315.
• Geert Dhaene & Koen Jochmans, 2015, "Split-panel Jackknife Estimation of Fixed-effect Models," The Review of Economic Studies, Review of Economic Studies Ltd, volume 82, issue 3, pages 991-1030.
• Roman Angela & Bilan Irina, 2015, "Bank-specific and Macroeconomic Determinants of the Quality of Bank Loans Portfolio in Romania and Bulgaria," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, volume 0, issue 1, pages 881-886, May.
• Slim Mahfoudh & Mohamed Ben Amar, 2015, "The Impact of Economic Policies on Economic Growth in a Group of Arabic Countries: Empirical Verification using Non-Stationary Panel Model," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, volume 0, issue 2, pages 131-137, May.
• Ryan Edwards, 2015, "Is plantation agriculture good for the poor? Evidence from Indonesia's palm oil expansion," Departmental Working Papers, The Australian National University, Arndt-Corden Department of Economics, number 2015-12.
• Piotr Dominiak & Ewa Lechman & Anna Okonowicz, 2015, "Fertility Rebound And Economic Growth. New Evidence For 18 Countries Over The Period 1970–2011," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, volume 10, issue 1, pages 91-112, March, DOI: 10.12775/EQUIL.2015.005.
• Aleksandra Kordalska & Magdalena Olczyk, 2015, "Global Competitiveness and Economic Growth: A One-Way or Two-Way Relationship?," Working Papers, Institute of Economic Research, number 63/2015, Apr, revised Apr 2015.
• Mariusz Prochniak & Bartosz Witkowski, 2015, "On the Use of Panel Stationarity Tests in Convergence Analysis: Empirical Evidence for the EU Countries," Working Papers, Institute of Economic Research, number 90/2015, Apr, revised Apr 2015.