Many applications in financial economics use data series with different starting or ending dates. This paper describes estimation methods, based on the generalized method of moments (GMM), which make
Using panel data for OECD countries, this study investigates the extent to which changes in government spending on education, health and other areas influence long-term growth. The results suggest tha
Organisation for Economic Co-operation and Development50
This document serves as proof of the successful completion of a comprehensive review conducted to aid in the examination of how knowledge flows contribute to the economic growth of nations. It encompa
This article proposes using state-dependent local projections (SDLP) to forecast the dynamically asymmetrical effects of political regimes or policy transitions. By conditioning on the ex ante status,
