Now showing items 1-2 of 2

    • Correcting the fixed-effect estimator for endogenous switching 

      Botelho, Fernando; Ponczek, Vladimir Pinheiro
      2007-07-20
      In this paper, we propose a two-step estimator for panel data models in which a binary covariate is endogenous. In the first stage, a random-effects probit model is estimated, having the endogenous variable as the left-hand ...
    • Growth and exchange rate volatility: a panel data analysis 

      Brito, Márcio Holland de; Vieira, Flávio Vilela; Silva, Cleomar Gomes da; Bottecchia Filho, Luiz Carlos Tadeu
      2011-08-04
      The aim of this article is to assess the role of real effective exchange rate volatility on long-run economic growth for a set of 82 advanced and emerging economies using a panel data set ranging from 1970 to 2009. With ...