4.4 Article

A spatial econometric multivariate model of Okun's law

Related references

Note: Only part of the references are listed.
Article Economics

Estimation and inference for spatial models with heterogeneous coefficients: An application to US house prices

Michele Aquaro et al.

Summary: This paper explores the estimation and inference of spatial panel data models with heterogeneous spatial lag coefficients, developing a quasi maximum likelihood (QML) estimation procedure. The study shows that the QML estimators of individual spatial coefficients are consistent and asymptotically normal, with empirical application to US house price changes revealing significant heterogeneity in spatiotemporal dynamics across Metropolitan Statistical Areas.

JOURNAL OF APPLIED ECONOMETRICS (2021)

Article Economics

CROSS-SECTIONAL DEPENDENCE AND SPILLOVERS IN SPACE AND TIME: WHERE SPATIAL ECONOMETRICS AND GLOBAL VAR MODELS MEET

J. Paul Elhorst et al.

Summary: This study explores how to enhance the measurement of economic and financial spillovers by combining spatial and global vector autoregressive models, discussing the structure of connectivity matrices and their implications for estimation. It also proposes a practical step-by-step approach to address cross-sectional dependence in data and support the selection of modeling and estimation methods for representing empirical spillovers in a clear and interpretable form.

JOURNAL OF ECONOMIC SURVEYS (2021)

Article Economics

Endogeneity in Okun's law

Gang Huang et al.

APPLIED ECONOMICS LETTERS (2020)

Article Economics

Identification and estimation of spatial dynamic panel simultaneous equations models

Kai Yang et al.

REGIONAL SCIENCE AND URBAN ECONOMICS (2019)

Article Economics

New insights into the nonlinearity of Okun's law

Cesar Nebot et al.

ECONOMIC MODELLING (2019)

Article Economics

Why You Should Never Use the Hodrick-Prescott Filter

James D. Hamilton

REVIEW OF ECONOMICS AND STATISTICS (2018)

Article Economics

A state-level analysis of Okun's law

Amy Y. Guisinger et al.

REGIONAL SCIENCE AND URBAN ECONOMICS (2018)

Article Geography

The role of spatial GDP spillovers in state-level Okun's law

Arabinda Basistha et al.

LETTERS IN SPATIAL AND RESOURCE SCIENCE (2017)

Article Business, Finance

Okun's Law: Fit at 50?

Laurence Ball et al.

JOURNAL OF MONEY CREDIT AND BANKING (2017)

Article Economics

Asymmetric unemployment-output tradeoff in the Eurozone

Bo Tang et al.

JOURNAL OF POLICY MODELING (2017)

Article Economics

Unemployment and output dynamics in CIS countries: Okun's law revisited

Marat Ibragimov et al.

APPLIED ECONOMICS (2017)

Article Economics

Revisiting the Okun relationship

Robert Dixon et al.

APPLIED ECONOMICS (2017)

Article Economics

Commuting effects in Okun's Law among British areas: Evidence from spatial panel econometrics

Silvia Palombi et al.

PAPERS IN REGIONAL SCIENCE (2017)

Article Economics

A regional unemployment model simultaneously accounting for serial dynamics, spatial dependence and common factors

Solmaria Halleck Vega et al.

REGIONAL SCIENCE AND URBAN ECONOMICS (2016)

Article Economics

Interpreting heterogeneous coefficient spatial autoregressive panel models

James P. LeSage et al.

ECONOMICS LETTERS (2016)

Article Economics

OKUN'S LAW-A META-ANALYSIS

Roger Perman et al.

MANCHESTER SCHOOL (2015)

Article Economics

Identification and Efficient Estimation of Simultaneous Equations Network Models

Xiaodong Liu

JOURNAL OF BUSINESS & ECONOMIC STATISTICS (2014)

Article Economics

Regional evidence on Okun's Law in Czech Republic and Slovakia

Richard Durech et al.

ECONOMIC MODELLING (2014)

Article Economics

Modelling regional labour market dynamics in space and time

Solmaria Halleck Vega et al.

PAPERS IN REGIONAL SCIENCE (2014)

Article Economics

Okun's law in panels of countries and states

Ho-Chuan (River) Huang et al.

APPLIED ECONOMICS (2013)

Article Economics

Dynamics of output and employment in the US economy

Deepankar Basu et al.

CAMBRIDGE JOURNAL OF ECONOMICS (2013)

Article Economics

Regional Growth and Unemployment: The Validity of Okun's Law for the Finnish Regions

Aki Kangasharju et al.

SPATIAL ECONOMIC ANALYSIS (2012)

Article Computer Science, Interdisciplinary Applications

A space-time filter for panel data models containing random effects

Olivier Parent et al.

COMPUTATIONAL STATISTICS & DATA ANALYSIS (2011)

Article Economics

Estimation of spatial autoregressive panel data models with fixed effects

Lung-fei Lee et al.

JOURNAL OF ECONOMETRICS (2010)

Article Economics

Dynamic panels with endogenous interaction effects when T is small

J. Paul Elhorst

REGIONAL SCIENCE AND URBAN ECONOMICS (2010)

Article Geography

Spatial models with spatially lagged dependent variables and incomplete data

Harry H. Kelejian et al.

JOURNAL OF GEOGRAPHICAL SYSTEMS (2010)

Article Economics

Okun's Law and Productivity Innovations

Robert J. Gordon

AMERICAN ECONOMIC REVIEW (2010)

Article Mathematics, Applied

The Sinkhorn-Knopp algorithm: Convergence and applications

Philip A. Knight

SIAM JOURNAL ON MATRIX ANALYSIS AND APPLICATIONS (2008)

Article Economics

Smooth-time-varying Okun's coefficients

Ho-Chuan (River) Huang et al.

ECONOMIC MODELLING (2008)

Article Economics

Growth, technological interdependence and spatial externalities: Theory and evidence

Cem Ertura et al.

JOURNAL OF APPLIED ECONOMETRICS (2007)

Article Economics

Spatial dependence in local unemployment rates

Eleonora Patacchini et al.

JOURNAL OF ECONOMIC GEOGRAPHY (2007)

Article Economics

Regional wage and employment responses to market potential in the EU

Keith Head et al.

REGIONAL SCIENCE AND URBAN ECONOMICS (2006)

Article Economics

A flexible nonlinear inference to Okun's relationship

HC Huang et al.

APPLIED ECONOMICS LETTERS (2006)

Article Economics

The relationship between output and unemployment: Evidence from Greek regions

DK Christopoulos

PAPERS IN REGIONAL SCIENCE (2004)

Article Economics

Asymmetry in Okun's law

P Silvapulle et al.

CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE (2004)

Article Economics

Okun's law revisited

JC Cuaresma

OXFORD BULLETIN OF ECONOMICS AND STATISTICS (2003)

Article Economics

An examination of Okun's law: evidence from regional areas in Greece

N Apergis et al.

APPLIED ECONOMICS (2003)

Article Economics

Panel tests of Okun's Law for ten industrial countries

DG Freeman

ECONOMIC INQUIRY (2001)

Article Economics

The Okun curve is non-linear

M Virén

ECONOMICS LETTERS (2001)