Tag: Global Imbalances

Illustrating the consequences of modeling common factors with Stata [Updated with xtdcce2]

Dec 13, 2023

in Pedagogical Note, Research Article

This post has been inspired by a fascinating discussion with Hiro Ito, Eric Clower and Kamila Kuziemska-Pawlak. In an old paper of mine (j.econmod.2015.02.007) written in…