Anindya Banerjee and Martin Wagner 723Bai, J. and S. Ng (2002) Determining the number of factors in approximate factor models.
Econometrica 70 , 191–221.
Bai, J. and S. Ng (2004) A PANIC attack on unit roots and cointegration.Econometrica 72 ,
1127–77.
Bai, J. and P. Perron (1998) Estimating and testing linear models with multiple structural
changes.Econometrica 66 , 47–78.
Baltagi, B.H., G. Bresson and A. Pirotte (2007) Panel unit root tests and spatial dependence.
Journal of Applied Econometrics 22 , 339–60.
Banerjee, A. and J.L. Carrion-i-Silvestre (2007) Cointegration in panel data with breaks and
cross-section dependence. Mimeo.
Banerjee, A., M. Marcellino and C. Osbat (2004) Some cautions on the use of panel methods
for integrated series of macroeconomic data.Econometrics Journal 7 , 322–40.
Banerjee, A., M. Marcellino and C. Osbat (2005) Testing for PPP: should we use panel methods?
Empirical Economics 30 , 77–91.
Bernard, A.B. and S.N. Durlauf (1995) Convergence in international output.Journal of Applied
Econometrics 10 , 97–108.
Bernard, A.B. and S.N. Durlauf (1996) Interpreting tests of the convergence hypothesis.Journal
of Econometrics 71 , 161–73.
Breitung, J. (2000) The local power of some unit root tests in panel data. In B.H. Baltagi (ed.),
Nonstationary Panels, Panel–Cointegration, and Dynamic Panels, pp. 161–77. Amsterdam:
Elsevier.
Breitung, J. (2005) A parametric approach to the estimation of cointegration vectors in panel
data.Econometric Reviews 24 , 151–73.
Breitung, J. and S. Das (2008) Testing for unit roots in panels with a factor structure.
Econometric Theory 24 , 88–108.
Breitung, J. and M.H. Pesaran (2008) Unit roots and cointegration in panels. In L. Matyas and
P. Sevestre (eds.),The Econometrics of Panel Data: Fundamentals and Recent Developments in
Theory and Practice, pp. 279–322. Boston: Kluwer Academic Publishers.
Brock, W.A. and M.S. Taylor (2004) The green Solow model. NBER Working Paper No. 10557.
Brock, W.A. and M.S. Taylor (2005) Economic growth and the environment: a review of
theory and empirics. In P. Aghion and S. Durlauf (eds.),Handbook of Economic Growth,
Vol. 1B, pp. 1749–821. Amsterdam: North-Holland.
Campa, J.M., L. Goldberg and J. González-Minguez (2005) Exchange-rate pass-through to
import prices in the euro-area. NBER Working Paper No. 11632.
Campa, J.M. and J. González-Minguez (2006) Differences in exchange rate pass-through in
the euro-area.European Economic Review 50 , 121–45.
Chang, Y. (2002) Nonlinear IV unit root tests in panels with cross-sectional dependency.
Journal of Econometrics 110 , 261–92.
Choi, I. (2001) Unit root tests for panel data.Journal of International Money and Finance 20 ,
249–72.
Choi, I. (2006a) Combination unit root tests for cross-sectionally correlated panels. In D. Cor-
bae, S. Durlauf and B. Hansen (eds.),Econometric Theory and Practice: Frontiers of Analysis
and Applied Research. Essays in Honor of Peter C.B. Phillips, pp. 311–33. New York: Cambridge
University Press.
Choi, I. (2006b) Nonstationary panels. In T.C. Mills and K. Patterson (eds.),Palgrave Handbook
of Econometrics, Vol. 1: Econometric Theory, pp. 511–39. New York: Palgrave Macmillan.
Coakley, J. and A.M. Fuertes (1997) New panel unit root tests of PPP.Economics Letters 57 ,
17–22.
de Bandt, O., A. Banerjee and T. Kozluk (2008) Measuring long-run exchange rate pass-
through.Economics E-Journal 2 , 2008–6.
Dickey, D.A. and W.A. Fuller (1979) Distribution of the estimators for autoregressive time
series with a unit root.Journal of theAmericanStatistical Association 74 , 427–31.