Now showing items 14-17 of 17

    • Long-Run Effects in Large Heterogeneous Panel Data Models with Cross-Sectionally Correlated Errors 

      Chudik, Alexander; Mohaddes, Kamiar; Pesaran, M Hashem; Raissi, Mehdi (Emerald Group Publishing Ltd., 2016)
      This paper develops a cross-sectionally augmented distributed lag (CS-DL) approach to the estimation of long-run effects in large dynamic heterogeneous panel data models with cross-sectionally dependent errors. The asymptotic ...
    • Oil prices and the global economy: Is it different this time around? 

      Mohaddes, Kamiar; Pesaran, MH (Elsevier, 2017-06-01)
      The recent plunge in oil prices has brought into question the generally accepted view that lower oil prices are good for the US and the global economy. In this paper, using a quarterly multi-country econometric model, we ...
    • Oil Prices, External Income, and Growth: Lessons from Jordan 

      Mohaddes, Kamiar; Raissi, Mehdi (Faculty of Economics, 2011-12-08)
      This paper extends the long-run growth model of Esfahani et al. (2009) to a labour exporting country that receives large inflows of external income - the sum of remittances, FDI and general government transfers - from major ...
    • One Hundred Years of Oil Income and the Iranian Economy: A Curse or a Blessing 

      Mohaddes, Kamiar; Pesaran, M. Hashem (Faculty of Economics, 2012-01-17)
      This paper examines the impact of oil revenues on the Iranian economy over the past hundred years, spanning the period 1908-2010. It is shown that although oil has been produced in Iran over a very long period, its importance ...