The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects
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Springer
2023
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oai:localhost:PNK-78362023-04-12T08:02:18Z The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects Mariam, Camarero Alejandro, Muñoz Cecilio, Tamarit Common Correlated Effects Financial Flows in EU 15 CC BY This paper assesses capital mobility for a panel of 15 European countries for the period 1970–2019 using dynamic common correlated effects modeling as proposed in Chudik and Pesaran (J Econ 188(2):393–420, 2015). In particular, we account for the existence of cross section dependence, slope heterogeneity, nonstationarity and endogeneity in a multifactor error correction model (ECM) that includes one homogeneous break. The analysis also identifies the heterogeneous structural breaks affecting the relationship for each of the individual countries. 2023-04-12T08:02:18Z 2023-04-12T08:02:18Z 2023 Book https://dlib.phenikaa-uni.edu.vn/handle/PNK/7836 en application/pdf Springer |
| institution |
Digital Phenikaa |
| collection |
Digital Phenikaa |
| language |
English |
| topic |
Common Correlated Effects Financial Flows in EU 15 |
| spellingShingle |
Common Correlated Effects Financial Flows in EU 15 Mariam, Camarero Alejandro, Muñoz Cecilio, Tamarit The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects |
| description |
CC BY |
| format |
Book |
| author |
Mariam, Camarero Alejandro, Muñoz Cecilio, Tamarit |
| author_facet |
Mariam, Camarero Alejandro, Muñoz Cecilio, Tamarit |
| author_sort |
Mariam, Camarero |
| title |
The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects |
| title_short |
The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects |
| title_full |
The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects |
| title_fullStr |
The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects |
| title_full_unstemmed |
The Rise and Fall of Financial Flows in EU 15: New Evidence Using Dynamic Panels with Common Correlated Effects |
| title_sort |
rise and fall of financial flows in eu 15: new evidence using dynamic panels with common correlated effects |
| publisher |
Springer |
| publishDate |
2023 |
| url |
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7836 |
| _version_ |
1762999679983812608 |
| score |
8.887836 |