Josep Lluís Carrion-i-Silvestre
Biographic Data
| ID | 8920730 |
|---|---|
| NAME | Josep Lluís Carrion-i-Silvestre |
| GIVEN NAMES | Josep Lluís |
| FAMILY NAME | Carrion-i-Silvestre |
| SIGNATURE | CARRION-I-SILVESTRE J L |
| AFFILIATIONS | Universitat de Barcelona |
| VERIFIED | No |
| TOTAL WORKS | 5 |
| TOTAL CITATIONS | 6 |
| WORKS AS AUTHOR | 5 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2007 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 1 |
Panel Data Cointegration Testing with Structural Instabilities
Spurious regression analysis in panel data when the time series are cross-section dependent is analyzed in the article.The set-up includes (possibly unknown) multiple structural breaks that can affect both the deterministic and the common factor components.We show that consistent estimation of the long-run average parameter is possible once cross-section dependence is controlled using cross-section averages in the spirit of Pesaran's common corre…
Detecting Multiple Level Shifts in Bounded Time Series
The article proposes a sequential statistical procedure to test for the presence of level shifts affecting bounded time series, regardless of their order of integration. The article shows that bounds are relevant for the statistic that assumes that the time series are integrated of order one. In contrast, they do not affect the limiting distribution of the statistic that is defined for time series that are integrated of order zero. The article pr…
Fiscal Deficit Sustainability of the Spanish Regions
Carrion-i-Silvestre J. L. Fiscal deficit sustainability of the Spanish regions, Regional Studies. The fiscal deficit of the Spanish Autonomous Communities is investigated using non-stationary panel data analysis. The paper considers the two main approaches in the literature, first assessing whether there is a long-run relationship between the revenues and expenditures of the Autonomous Communities, and second focusing on the use of fiscal rules. …
Does Real Interest Rate Parity Hold for Oecd Countries? New Evidence Using Panel Stationarity Tests With Cross-Section Dependence and Structural Breaks
This paper tests for real interest rate parity (RIRP) among the 17 major Organisation for Economic Cooperation and Development countries over the period 1978:Q1–2006:Q1. The econometric methods applied consist of combining the use of panel data tests that are valid under cross-section dependence and the presence of multiple structural breaks. This feature is important because the misspecification errors due to not accounting for structural breaks…
Stochastic Convergence amongst Mexican States
Carrion-i-Silvestre J. L. and GERMAN-SOTO V. (2007) Stochastic convergence amongst Mexican states, Regional Studies 41, 531–541. The paper investigates the convergence process experienced by the Mexican states in the period 1940–2001. The analysis indicates that misleading conclusions can be obtained if the presence of structural breaks is not taken into account when testing for the presence of (stochastic) convergence. Thus, after allowing for s…
Stochastic Convergence amongst Mexican States
Carrion-i-Silvestre J. L. and GERMAN-SOTO V. (2007) Stochastic convergence amongst Mexican states, Regional Studies 41, 531–541. The paper investigates the convergence process experienced by the Mexican states in the period 1940–2001. The analysis indicates that misleading conclusions can be obtained if the presence of structural breaks is not taken into account when testing for the presence of (stochastic) convergence. Thus, after allowing for s…
Stochastic Convergence amongst Mexican States
Carrion-i-Silvestre J. L. and GERMAN-SOTO V. (2007) Stochastic convergence amongst Mexican states, Regional Studies 41, 531–541. The paper investigates the convergence process experienced by the Mexican states in the period 1940–2001. The analysis indicates that misleading conclusions can be obtained if the presence of structural breaks is not taken into account when testing for the presence of (stochastic) convergence. Thus, after allowing for s…
Does Real Interest Rate Parity Hold for Oecd Countries? New Evidence Using Panel Stationarity Tests With Cross-Section Dependence and Structural Breaks
This paper tests for real interest rate parity (RIRP) among the 17 major Organisation for Economic Cooperation and Development countries over the period 1978:Q1–2006:Q1. The econometric methods applied consist of combining the use of panel data tests that are valid under cross-section dependence and the presence of multiple structural breaks. This feature is important because the misspecification errors due to not accounting for structural breaks…
Fiscal Deficit Sustainability of the Spanish Regions
Carrion-i-Silvestre J. L. Fiscal deficit sustainability of the Spanish regions, Regional Studies. The fiscal deficit of the Spanish Autonomous Communities is investigated using non-stationary panel data analysis. The paper considers the two main approaches in the literature, first assessing whether there is a long-run relationship between the revenues and expenditures of the Autonomous Communities, and second focusing on the use of fiscal rules. …
Detecting Multiple Level Shifts in Bounded Time Series
The article proposes a sequential statistical procedure to test for the presence of level shifts affecting bounded time series, regardless of their order of integration. The article shows that bounds are relevant for the statistic that assumes that the time series are integrated of order one. In contrast, they do not affect the limiting distribution of the statistic that is defined for time series that are integrated of order zero. The article pr…
Panel Data Cointegration Testing with Structural Instabilities
Spurious regression analysis in panel data when the time series are cross-section dependent is analyzed in the article.The set-up includes (possibly unknown) multiple structural breaks that can affect both the deterministic and the common factor components.We show that consistent estimation of the long-run average parameter is possible once cross-section dependence is controlled using cross-section averages in the spirit of Pesaran's common corre…
Economics (5 works) · Econometrics (4 works) · Monetary Policy and Economic Impact (4 works) · Macroeconomics (3 works) · Computer Science (2 works) · Fiscal Policy and Economic Growth (2 works) · Global Financial Crisis and Policies (2 works) · Market Dynamics and Volatility (2 works) · Mathematics (2 works) · Panel data (2 works)