Joakim Westerlund
Personal Details
First Name: | Joakim |
Middle Name: | |
Last Name: | Westerlund |
Suffix: | |
RePEc Short-ID: | pwe289 |
[This author has chosen not to make the email address public] | |
https://sites.google.com/site/perjoakimwesterlund/ | |
Affiliation
(20%) Department of Economics
Business School
Deakin University
Melbourne, Australiahttp://www.deakin.edu.au/business/economics
RePEc:edi:sedeaau (more details at EDIRC)
(80%) Nationalekonomiska Institutionen
Ekonomihögskolan
Lunds Universitet
Lund, Swedenhttp://www.nek.lu.se/
RePEc:edi:delunse (more details at EDIRC)
Research output
Jump to: Working papers Articles Software EditorshipWorking papers
- Milda Norkute & Joakim Westerlund, 2023. "A factor-augmented new Keynesian Phillips curve for the European Union countries," Bank of Lithuania Working Paper Series 111, Bank of Lithuania.
- Nicholas Brown & Kyle Butts & Joakim Westerlund, 2023. "Difference-in-Differences via Common Correlated Effects," Working Paper 1496, Economics Department, Queen's University.
- Nicholas Brown & Kyle Butts & Joakim Westerlund, 2023. "Simple Difference-in-Differences Estimation in Fixed-T Panels," Papers 2301.11358, arXiv.org, revised Jun 2023.
- Nicholas Brown & Joakim Westerlund, 2022.
"Testing Factors In Cce,"
Working Paper
1491, Economics Department, Queen's University.
- Brown, Nicholas & Westerlund, Joakim, 2023. "Testing factors in CCE," Economics Letters, Elsevier, vol. 230(C).
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2022.
"Multiple Structural Breaks in Interactive Effects Panel Data and the Impact of Quantitative Easing on Bank Lending,"
Papers
2211.06707, arXiv.org, revised Jan 2023.
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2023. "Multiple structural breaks in interactive effects panel data and the impace of quantitative easing on bank lending," Discussion Papers 23-02, Department of Economics, University of Birmingham.
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2023. "Multiple Structural Breaks in Interactive Effects Panel Data and the Impact of Quantitative Easing on Bank Lending," BEMPS - Bozen Economics & Management Paper Series BEMPS99, Faculty of Economics and Management at the Free University of Bozen.
- Bin Peng & Liangjun Su & Joakim Westerlund & Yanrong Yang, 2021.
"Interactive Effects Panel Data Models with General Factors and Regressors,"
Papers
2111.11506, arXiv.org.
- Bin Ping & Liangju Su & Yanrong Yang & Joakim Westerlund, 2023. "Interactive-effects panel-data models with general factors and regressors," French Stata Users' Group Meetings 2023 14, Stata Users Group.
- Bin Peng & Liangjun Su & Joakim Westerlund & Yanrong Yang, 2021. "Interactive Effects Panel Data Models with General Factors and Regressors," Monash Econometrics and Business Statistics Working Papers 23/21, Monash University, Department of Econometrics and Business Statistics.
- Kaddoura, Yousef & Westerlund, Joakim, 2021. "Estimation of Panel Data Models with Interactive Effects and Multiple Structural Breaks When T Is Fixed," Working Papers 2021:15, Lund University, Department of Economics.
- Milda Norkute & Joakim Westerlund & Ovidijus Stauskas, 2021.
"The Factor Analytical Approach in Trending Near Unit Root Panels,"
Bank of Lithuania Working Paper Series
91, Bank of Lithuania.
- Joakim Westerlund & Milda Norkutė & Ovidijus Stauskas, 2022. "The factor analytical approach in trending near unit root panels," Journal of Time Series Analysis, Wiley Blackwell, vol. 43(3), pages 501-508, May.
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2021.
"Testing and Estimating Structural Breaks in Time Series and Panel Data in Stata,"
Papers
2110.14550, arXiv.org, revised Oct 2021.
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2021. "Testing and Estimating Structural Breaks in Time Series and Panel Data in Stata," Discussion Papers 21-14, Department of Economics, University of Birmingham.
- Yiannis Karavias & Paresh Narayan & Joakim Westerlund, 2021.
"Structural Breaks in Interactive Effects Panels and the Stock Market Reaction to COVID-19,"
Papers
2111.03035, arXiv.org.
- Yiannis Karavias & Paresh Kumar Narayan & Joakim Westerlund, 2023. "Structural Breaks in Interactive Effects Panels and the Stock Market Reaction to COVID-19," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 41(3), pages 653-666, July.
- Li, Qi & Sarafidis, Vasilis & Westerlund, Joakim, 2020. "Essays in Honor of Professor Badi H Baltagi: Editorial," MPRA Paper 104751, University Library of Munich, Germany.
- Westerlund, Joakim & Narayan, Paresh & Zheng, Xinwei, 2015.
"Testing for stock return predictability in a large Chinese panel,"
Working Papers
fe_2015_11, Deakin University, Department of Economics.
- Westerlund, Joakim & Narayan, Paresh Kumar & Zheng, Xinwei, 2015. "Testing for stock return predictability in a large Chinese panel," Emerging Markets Review, Elsevier, vol. 24(C), pages 81-100.
- Westerlund, Joakim & Karabiyik, Hande & Narayan, Paresh, 2015.
"Testing for predictability in panels with general predictors,"
Working Papers
fe_2015_10, Deakin University, Department of Economics.
- Joakim Westerlund & Hande Karabiyik & Paresh Narayan, 2017. "Testing for Predictability in panels with General Predictors," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 32(3), pages 554-574, April.
- Narayan, Paresh Kumar & Westerlund, Joakim, 2015.
"Does cash flow predict returns?,"
Working Papers
fe_2015_03, Deakin University, Department of Economics.
- Narayan, Paresh Kumar & Westerlund, Joakim, 2014. "Does cash flow predict returns?," International Review of Financial Analysis, Elsevier, vol. 35(C), pages 230-236.
- Westerlund, J., 2014.
"On the importance of the first observation in GLS detrending in unit root testing,"
Working Papers
fe_2014_07, Deakin University, Department of Economics.
- Joakim Westerlund, 2015. "On the Importance of the First Observation in GLS Detrending in Unit Root Testing," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(1), pages 152-161, February.
- Westerlund, Joakim & Hosseinkouchack, Mehdi & Solberger, Martin, 2014.
"The local power of the CADF and CIPS panel unit root tests,"
Working Papers
fe_2014_05, Deakin University, Department of Economics.
- Joakim Westerlund & Mehdi Hosseinkouchack & Martin Solberger, 2016. "The Local Power of the CADF and CIPS Panel Unit Root Tests," Econometric Reviews, Taylor & Francis Journals, vol. 35(5), pages 845-870, May.
- Westerlund, Joakim, 2014.
"Pooled panel unit root tests and the effect of past initialization,"
Working Papers
fe_2014_06, Deakin University, Department of Economics.
- Joakim Westerlund, 2016. "Pooled Panel Unit Root Tests and the Effect of Past Initialization," Econometric Reviews, Taylor & Francis Journals, vol. 35(3), pages 396-427, March.
- Westerlund, Joakim, 2014.
"Heteroskedasticity robust panel unit root tests,"
Working Papers
fe_2014_02, Deakin University, Department of Economics.
- Joakim Westerlund, 2014. "Heteroscedasticity Robust Panel Unit Root Tests," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 32(1), pages 112-135, January.
- Reese, Simon & Westerlund, Joakim, 2014.
"PANICCA - PANIC on Cross-Section Averages,"
Working Papers
2015:3, Lund University, Department of Economics, revised 24 Mar 2015.
- Simon Reese & Joakim Westerlund, 2016. "Panicca: Panic on Cross‐Section Averages," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(6), pages 961-981, September.
- Westerlund, Joakim & Norkute, Milda & Narayan, Paresh Kumar, 2014.
"A factor analytical approach to the efficient futures market hypothesis,"
Working Papers
fe_2014_12, Deakin University, Department of Economics.
- Joakim Westerlund & Milda Norkute & Paresh Kumar Narayan, 2015. "A Factor Analytical Approach to the Efficient Futures Market Hypothesis," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 35(4), pages 357-370, April.
- Blomquist, Johan & Westerlund, Joakim, 2014.
"Testing slope homogeneity in large panels with serial correlation,"
Working Papers
fe_2014_04, Deakin University, Department of Economics.
- Blomquist, Johan & Westerlund, Joakim, 2013. "Testing slope homogeneity in large panels with serial correlation," Economics Letters, Elsevier, vol. 121(3), pages 374-378.
- Westerlund, Joakim & Narayan, Paresh, 2014. "Testing for predictability in panels of small time series dimensions with an application to Chinese stock returns," Working Papers fe_2014_13, Deakin University, Department of Economics.
- Westerlund, Joakim & Reese, Simon & Narayan, Paresh, 2014.
"A Factor Analytical Approach to Price Discovery,"
Working Papers
2015:4, Lund University, Department of Economics.
- Joakim Westerlund & Simon Reese & Paresh Narayan, 2017. "A Factor Analytical Approach to Price Discovery," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(3), pages 366-394, June.
- Westerlund, Joakim & Reese, Simon, 2014.
"Estimation of Factor-Augmented Panel Regressions with Weakly Influential Factors,"
Working Papers
2014:8, Lund University, Department of Economics, revised 27 Jan 2014.
- Simon Reese & Joakim Westerlund, 2018. "Estimation of factor-augmented panel regressions with weakly influential factors," Econometric Reviews, Taylor & Francis Journals, vol. 37(5), pages 401-465, May.
- Narayan, Paresh Kumar & Sharma, Susan Sunila & Poon, Wai Ching & Westerlund, Joakim, 2014.
"Do oil prices predict economic growth? New global evidence,"
Working Papers
fe_2014_09, Deakin University, Department of Economics.
- Narayan, Paresh Kumar & Sharma, Susan & Poon, Wai Ching & Westerlund, Joakim, 2014. "Do oil prices predict economic growth? New global evidence," Energy Economics, Elsevier, vol. 41(C), pages 137-146.
- Westerlund, Joakim & Norkute, Milda, 2014. "A Factor Analytical Method to Interactive Effects Dynamic Panel Models with or without Unit Root," Working Papers 2014:12, Lund University, Department of Economics.
- Westerlund, Joakim & Narayan, Paresh, 2014.
"A random coefficient approach to the predictability of stock returns in panels,"
Working Papers
fe_2014_10, Deakin University, Department of Economics.
- Joakim Westerlund & Paresh Narayan, 2015. "A Random Coefficient Approach to the Predictability of Stock Returns in Panels," Journal of Financial Econometrics, Oxford University Press, vol. 13(3), pages 605-664.
- Westerlund, Joakim & Narayan, Paresh, 2014.
"Testing for predictability in conditionally heteroskedastic stock returns,"
Working Papers
fe_2014_01, Deakin University, Department of Economics.
- Joakim Westerlund & Paresh Narayan, 2015. "Testing for Predictability in Conditionally Heteroskedastic Stock Returns," Journal of Financial Econometrics, Oxford University Press, vol. 13(2), pages 342-375.
- Robertson, Donald & Sarafidis, Vasilis & Westerlund, Joakim, 2014. "GMM Unit Root Inference in Generally Trending and Cross-Correlated Dynamic Panels," MPRA Paper 53419, University Library of Munich, Germany.
- Westerlund, Joakim, 2014. "On the asymptotic distribution of the DF-GLS test statistic," Working Papers fe_2014_03, Deakin University, Department of Economics.
- Karabiyik, H. & Urbain, J.R.Y.J. & Westerlund, J., 2014.
"CCE estimation of factor-augmented regression models with more factors than observables,"
Research Memorandum
007, Maastricht University, Graduate School of Business and Economics (GSBE).
- Hande Karabiyik & Jean‐Pierre Urbain & Joakim Westerlund, 2019. "CCE estimation of factor‐augmented regression models with more factors than observables," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(2), pages 268-284, March.
- Westerlund, Joakim & Mishra, Sagarika, 2014. "A practical note on the determination of the number of factors using information criteria with data-driven penalty," Working Papers fe_2014_15, Deakin University, Department of Economics.
- Westerlund, J. & Smeekes, S., 2013.
"Robust block bootstrap panel predictability tests,"
Research Memorandum
060, Maastricht University, Graduate School of Business and Economics (GSBE).
- Stephan Smeekes & Joakim Westerlund, 2019. "Robust block bootstrap panel predictability tests," Econometric Reviews, Taylor & Francis Journals, vol. 38(9), pages 1089-1107, October.
- Westerlund, Joakim & Narayan, Paresh, 2012.
"Does the choice of estimator matter when forecasting returns?,"
Working Papers
fe_2012_01, Deakin University, Department of Economics.
- Westerlund, Joakim & Narayan, Paresh Kumar, 2012. "Does the choice of estimator matter when forecasting returns?," Journal of Banking & Finance, Elsevier, vol. 36(9), pages 2632-2640.
- Pedroni, Peter & Vogelsang, Timothy J. & Wagner, Martin & Westerlund, Joakim, 2011.
"Nonparametric Rank Tests for Non-stationary Panels,"
Economics Series
270, Institute for Advanced Studies.
- Pedroni, Peter L. & Vogelsang, Timothy J. & Wagner, Martin & Westerlund, Joakim, 2015. "Nonparametric rank tests for non-stationary panels," Journal of Econometrics, Elsevier, vol. 185(2), pages 378-391.
- Westerlund, J. & Urbain, J.R.Y.J., 2011. "Cross sectional averages or principal components?," Research Memorandum 053, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Westerlund, Joakim & Blomquist, Johan, 2009.
"Are Crime Rates Really Stationary?,"
Working Papers in Economics
381, University of Gothenburg, Department of Economics.
- Joakim, Westerlund & Johan, Blomquist, 2009. "Are Crime Rates Really Stationary?," Working Papers 2009:20, Lund University, Department of Economics.
- Westerlund, Joakim & Larsson, Rolf, 2009.
"Testing for a Unit Root in a Random Coefficient Panel Data Model,"
Working Papers in Economics
383, University of Gothenburg, Department of Economics.
- Westerlund, Joakim & Larsson, Rolf, 2012. "Testing for a unit root in a random coefficient panel data model," Journal of Econometrics, Elsevier, vol. 167(1), pages 254-273.
- Westerlund, Joakim & Narayan, Paresh, 2009. "Using Panel Data to Construct Simple and Efficient Unit Root Tests in the Presence of GARCH," Working Papers in Economics 379, University of Gothenburg, Department of Economics.
- Westerlund, Joakim & Costantini, Mauro & Narayan, Paresh & Popp, Stephan, 2009. "Seasonal Unit Root Tests for Trending and Breaking Series with Application to Industrial Production," Working Papers in Economics 377, University of Gothenburg, Department of Economics.
- Westerlund, Joakim & Mahdavi, Saeid, 2009.
"The Tax-Spending Nexus: Evidence from a Panel of US State- Local Governments,"
Working Papers in Economics
378, University of Gothenburg, Department of Economics.
- Westerlund, Joakim & Mahdavi, Saeid & Firoozi, Fathali, 2011. "The tax-spending nexus: Evidence from a panel of US state-local governments," Economic Modelling, Elsevier, vol. 28(3), pages 885-890, May.
- Saeid Mahdavi & Joakim Westerlund, 2008. "The Tax Spending Nexus: Evidence from a Panel of US State-Local Governments," Working Papers 0045, College of Business, University of Texas at San Antonio.
- Westerlund, Joakim & Breitung, Jörg, 2009. "Myths and Facts about Panel Unit Root Tests," Working Papers in Economics 380, University of Gothenburg, Department of Economics.
- Westerlund, Joakim, 2009. "Testing for Unit Roots in Panel Time Series Models with Multiple Breaks," Working Papers in Economics 384, University of Gothenburg, Department of Economics.
- Westerlund, Joakim & Edgerton, David & Opper, Sonja, 2008. "Why is Chinese Regional Output Diverging?," Working Papers 2008:15, Lund University, Department of Economics, revised 03 Dec 2008.
- Gengenbach, C. & Urbain, J.R.Y.J. & Westerlund, J., 2008. "Panel error correction testing with global stochastic trends," Research Memorandum 051, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Urbain, J.R.Y.J. & Westerlund, J., 2008. "Spurious Regression in Nonstationary Panels time Series with Cross-Member Cointegration," Research Memorandum 044, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Basher, Syed A. & Westerlund, Joakim, 2008.
"Panel Cointegration and the Monetary Exchange Rate Model,"
MPRA Paper
10453, University Library of Munich, Germany.
- Basher, Syed A. & Westerlund, Joakim, 2009. "Panel cointegration and the monetary exchange rate model," Economic Modelling, Elsevier, vol. 26(2), pages 506-513, March.
- Westerlund, Joakim, 2007.
"A Note on the Pooling of Individual PANIC Unit Root Tests,"
Working Papers
2007:5, Lund University, Department of Economics.
- Westerlund, Joakim & Larsson, Rolf, 2009. "A Note On The Pooling Of Individual Panic Unit Root Tests," Econometric Theory, Cambridge University Press, vol. 25(6), pages 1851-1868, December.
- Westerlund, Joakim & Basher, Syed A., 2007.
"Mixed Signals Among Tests for Panel Cointegration,"
MPRA Paper
3261, University Library of Munich, Germany.
- Westerlund, Joakim & Basher, Syed A., 2008. "Mixed signals among tests for panel cointegration," Economic Modelling, Elsevier, vol. 25(1), pages 128-136, January.
- Westerlund, Joakim & Basher, Syed A., 2007.
"Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data,"
MPRA Paper
3262, University Library of Munich, Germany.
- Joakim Westerlund & Syed Basher, 2008. "Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(1), pages 109-120, May.
- Urbain, J.R.Y.J. & Westerlund, J., 2006. "Spurious regression in nonstationary panels with cross-unit cointegration," Research Memorandum 057, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Westerlund, J., 2006.
"Panel cointegration tests of the Fisher effect,"
Research Memorandum
054, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Joakim Westerlund, 2008. "Panel cointegration tests of the Fisher effect," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(2), pages 193-233.
- Westerlund, Joakim & Edgerton , David, 2006.
"New Improved Tests for Cointegration with Structural Breaks,"
Working Papers
2006:3, Lund University, Department of Economics.
- Joakim Westerlund & David L. Edgerton, 2007. "New Improved Tests for Cointegration with Structural Breaks," Journal of Time Series Analysis, Wiley Blackwell, vol. 28(2), pages 188-224, March.
- Westerlund, Joakim & Edgerton, David, 2006.
"Simple Tests for Cointegration in Dependent Panels with Structural Breaks,"
Working Papers
2006:13, Lund University, Department of Economics, revised 28 Jan 2007.
- Joakim Westerlund & David L. Edgerton, 2008. "A Simple Test for Cointegration in Dependent Panels with Structural Breaks," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 70(5), pages 665-704, October.
- Basher, Syed A. & Westerlund, Joakim, 2006.
"Is there Really a Unit Root in the Inflation Rate? More Evidence from Panel Data Models,"
MPRA Paper
136, University Library of Munich, Germany.
- Syed Basher & Joakim Westerlund, 2007. "Is there really a unit root in the inflation rate? More evidence from panel data models," Applied Economics Letters, Taylor & Francis Journals, vol. 15(3), pages 161-164.
- Westerlund, Joakim & Costantini, Mauro, 2006.
"Panel Cointegration and the Neutrality of Money,"
Working Papers
2006:18, Lund University, Department of Economics.
- Joakim Westerlund & Mauro Costantini, 2009. "Panel cointegration and the neutrality of money," Empirical Economics, Springer, vol. 36(1), pages 1-26, February.
- Westerlund, Joakim & Basher, Syed A., 2006.
"Can Panel Data Really Improve the Predictability of the Monetary Exchange Rate Model?,"
MPRA Paper
1229, University Library of Munich, Germany.
- Joakim Westerlund & Syed A. Basher, 2007. "Can panel data really improve the predictability of the monetary exchange rate model?," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 26(5), pages 365-383.
- Westerlund, J., 2006. "Some cautions on the use of the LLC panel unit root test," Research Memorandum 055, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Westerlund, Joakim, 2005.
"Testing for Panel Cointegration with Multiple Structural Breaks,"
Working Papers
2005:12, Lund University, Department of Economics.
- Joakim Westerlund, 2006. "Testing for Panel Cointegration with Multiple Structural Breaks," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 68(1), pages 101-132, February.
- Westerlund, Joakim, 2005.
"New Simple Tests for Panel Cointegration,"
Working Papers
2005:8, Lund University, Department of Economics.
- Joakim Westerlund, 2005. "New Simple Tests for Panel Cointegration," Econometric Reviews, Taylor & Francis Journals, vol. 24(3), pages 297-316.
- Westerlund, Joakim, 2005. "Panel Cointegration Tests of the Fisher Hypothesis," Working Papers 2005:10, Lund University, Department of Economics.
- Westerlund, Joakim, 2005. "Pooled Unit Root Tests in Panels with a Common Factor," Working Papers 2005:9, Lund University, Department of Economics.
- Westerlund, Joakim, 2005.
"Testing for Error Correction in Panel Data,"
Working Papers
2005:11, Lund University, Department of Economics.
- Joakim Westerlund, 2007. "Testing for Error Correction in Panel Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
- Westerlund, J., 2006. "Testing for error correction in panel data," Research Memorandum 056, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Westerlund, Joakim & Edgerton , David, 2005. "Panel Cointegration Tests with Deterministic Trends and Structural Breaks," Working Papers 2005:42, Lund University, Department of Economics.
- Gutierrez, Luciano & Erickson, Kenneth W. & Westerlund, Joakim, 2005. "The Present Value Model, Farmland Prices and Structural Breaks," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24702, European Association of Agricultural Economists.
- Westerlund, Joakim, 2003. "Feasible Estimation in Cointegrated Panels," Working Papers 2003:12, Lund University, Department of Economics, revised 10 Nov 2003.
- Westerlund, Joakim, 2003. "A Panel Data Test of the Bank Lending Channel in Sweden," Working Papers 2003:16, Lund University, Department of Economics.
- Westerlund, Joakim, 2003.
"A Panel CUSUM Test of the Null of Cointegration,"
Working Papers
2003:15, Lund University, Department of Economics.
- Joakim Westerlund, 2005. "A Panel CUSUM Test of the Null of Cointegration," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(2), pages 231-262, April.
- Joakim Westerlund & Paresh K Narayan & Xinwei Zheng, "undated". "Testing For Stock Return Predictability In A Large Chinese Panel," Working Papers 2015_11, Deakin University, Department of Economics.
Articles
- Brown, Nicholas & Westerlund, Joakim, 2023.
"Testing factors in CCE,"
Economics Letters, Elsevier, vol. 230(C).
- Nicholas Brown & Joakim Westerlund, 2022. "Testing Factors In Cce," Working Paper 1491, Economics Department, Queen's University.
- Yiannis Karavias & Paresh Kumar Narayan & Joakim Westerlund, 2023.
"Structural Breaks in Interactive Effects Panels and the Stock Market Reaction to COVID-19,"
Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 41(3), pages 653-666, July.
- Yiannis Karavias & Paresh Narayan & Joakim Westerlund, 2021. "Structural Breaks in Interactive Effects Panels and the Stock Market Reaction to COVID-19," Papers 2111.03035, arXiv.org.
- Yousef Kaddoura & Joakim Westerlund, 2023. "Estimation of Panel Data Models with Random Interactive Effects and Multiple Structural Breaks when T is Fixed," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 41(3), pages 778-790, July.
- Ovidijus Stauskas & Joakim Westerlund, 2022. "Tests of Equal Forecasting Accuracy for Nested Models with Estimated CCE Factors," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 40(4), pages 1745-1758, October.
- Joakim Westerlund & Yousef Kaddoura, 2022. "CCE in heterogenous fixed-T panels [To pool or not to pool: Homogeneous versus heterogenous estimators applied to cigarette demand]," The Econometrics Journal, Royal Economic Society, vol. 25(3), pages 719-738.
- Hande Karabiyik & Joakim Westerlund & Paresh Narayan, 2022. "Panel data measures of price discovery," Econometric Reviews, Taylor & Francis Journals, vol. 41(3), pages 269-290, May.
- Joakim Westerlund & Milda Norkutė & Ovidijus Stauskas, 2022.
"The factor analytical approach in trending near unit root panels,"
Journal of Time Series Analysis, Wiley Blackwell, vol. 43(3), pages 501-508, May.
- Milda Norkute & Joakim Westerlund & Ovidijus Stauskas, 2021. "The Factor Analytical Approach in Trending Near Unit Root Panels," Bank of Lithuania Working Paper Series 91, Bank of Lithuania.
- Joakim Westerlund & Hande Karabiyik & Paresh Kumar Narayan & Seema Narayan, 2022. "Estimating the Speed of Adjustment of Leverage in the Presence of Interactive Effects [The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions]," Journal of Financial Econometrics, Oxford University Press, vol. 20(5), pages 942-960.
- Juodis, Artūras & Karabiyik, Hande & Westerlund, Joakim, 2021. "On the robustness of the pooled CCE estimator," Journal of Econometrics, Elsevier, vol. 220(2), pages 325-348.
- Hande Karabiyik & Joakim Westerlund, 2021. "Forecasting using cross-section average–augmented time series regressions," The Econometrics Journal, Royal Economic Society, vol. 24(2), pages 315-333.
- Qi Li & Vasilis Sarafidis & Joakim Westerlund, 2021. "Essays in honor of Professor Badi H Baltagi," Empirical Economics, Springer, vol. 60(1), pages 1-11, January.
- Norkutė, Milda & Westerlund, Joakim, 2021. "The factor analytical approach in near unit root interactive effects panels," Journal of Econometrics, Elsevier, vol. 221(2), pages 569-590.
- Westerlund, Joakim & Nordström, Marcus, 2021. "Breaks in persistence in fixed-T panel data," Economics Letters, Elsevier, vol. 205(C).
- Yana Petrova & Joakim Westerlund, 2020. "Fixed effects demeaning in the presence of interactive effects in treatment effects regressions and elsewhere," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 35(7), pages 960-964, November.
- Joakim Westerlund, 2020. "A cross‐section average‐based principal components approach for fixed‐T panels," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 35(6), pages 776-785, September.
- Joakim Westerlund, 2019. "On Estimation and Inference in Heterogeneous Panel Regressions with Interactive Effects," Journal of Time Series Analysis, Wiley Blackwell, vol. 40(5), pages 852-857, September.
- Westerlund, Joakim & Sharma, Susan Sunila, 2019. "Panel evidence on the ability of oil returns to predict stock returns in the G7 area," Energy Economics, Elsevier, vol. 77(C), pages 3-12.
- Joakim Westerlund & Yana Petrova & Milda Norkute, 2019. "CCE in fixed‐T panels," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(5), pages 746-761, August.
- Westerlund, Joakim, 2019. "Testing additive versus interactive effects in fixed-T panels," Economics Letters, Elsevier, vol. 174(C), pages 5-8.
- De Vos, Ignace & Westerlund, Joakim, 2019. "On CCE estimation of factor-augmented models when regressors are not linear in the factors," Economics Letters, Elsevier, vol. 178(C), pages 5-7.
- Joakim Westerlund, 2019. "Common Breaks in Means for Cross‐Correlated Fixed‐T Panel Data," Journal of Time Series Analysis, Wiley Blackwell, vol. 40(2), pages 248-255, March.
- Emre Aylar & Stephan Smeekes & Joakim Westerlund, 2019. "Lag truncation and the local asymptotic distribution of the ADF test for a unit root," Statistical Papers, Springer, vol. 60(6), pages 2109-2118, December.
- Artūras Juodis & Joakim Westerlund, 2019. "Optimal panel unit root testing with covariates," The Econometrics Journal, Royal Economic Society, vol. 22(1), pages 57-72.
- Stephan Smeekes & Joakim Westerlund, 2019.
"Robust block bootstrap panel predictability tests,"
Econometric Reviews, Taylor & Francis Journals, vol. 38(9), pages 1089-1107, October.
- Westerlund, J. & Smeekes, S., 2013. "Robust block bootstrap panel predictability tests," Research Memorandum 060, Maastricht University, Graduate School of Business and Economics (GSBE).
- Roy Cerqueti & Mauro Costantini & Luciano Gutierrez & Joakim Westerlund, 2019. "Panel stationary tests against changes in persistence," Statistical Papers, Springer, vol. 60(4), pages 1079-1100, August.
- Hande Karabiyik & Jean‐Pierre Urbain & Joakim Westerlund, 2019.
"CCE estimation of factor‐augmented regression models with more factors than observables,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 34(2), pages 268-284, March.
- Karabiyik, H. & Urbain, J.R.Y.J. & Westerlund, J., 2014. "CCE estimation of factor-augmented regression models with more factors than observables," Research Memorandum 007, Maastricht University, Graduate School of Business and Economics (GSBE).
- Norkutė, Milda & Westerlund, Joakim, 2019. "The factor analytical method for interactive effects dynamic panel models with moving average errors," Econometrics and Statistics, Elsevier, vol. 11(C), pages 83-104.
- Joakim Westerlund, 2018. "On the Use of GLS Demeaning in Panel Unit Root Testing," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 36(2), pages 309-320, April.
- Narayan, Paresh Kumar & Sharma, Susan Sunila & Thuraisamy, Kannan Sivananthan & Westerlund, Joakim, 2018. "Some preliminary evidence of price discovery in Islamic banks," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 107-122.
- Mahdavi, Saeid & Westerlund, Joakim, 2018. "Subnational government tax revenue capacity and effort convergence: New evidence from sequential unit root tests," Economic Modelling, Elsevier, vol. 73(C), pages 174-183.
- Donald Robertson & Vasilis Sarafidis & Joakim Westerlund, 2018. "Unit Root Inference in Generally Trending and Cross-Correlated Fixed-T Panels," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 36(3), pages 493-504, July.
- Joakim Westerlund, 2018. "CCE in panels with general unknown factors," Econometrics Journal, Royal Economic Society, vol. 21(3), pages 264-276, October.
- Westerlund, Joakim & Petrova, Yana, 2018. "Asymptotic collinearity in CCE estimation of interactive effects models," Economic Modelling, Elsevier, vol. 70(C), pages 331-337.
- Simon Reese & Joakim Westerlund, 2018.
"Estimation of factor-augmented panel regressions with weakly influential factors,"
Econometric Reviews, Taylor & Francis Journals, vol. 37(5), pages 401-465, May.
- Westerlund, Joakim & Reese, Simon, 2014. "Estimation of Factor-Augmented Panel Regressions with Weakly Influential Factors," Working Papers 2014:8, Lund University, Department of Economics, revised 27 Jan 2014.
- Karabiyik, Hande & Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Westerlund, Joakim, 2018. "Islamic spot and index futures markets: Where is the price discovery?," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 123-133.
- Joakim Westerlund & Sagarika Mishra, 2017. "On the determination of the number of factors using information criteria with data-driven penalty," Statistical Papers, Springer, vol. 58(1), pages 161-184, March.
- Joakim Westerlund & Hande Karabiyik & Paresh Narayan, 2017.
"Testing for Predictability in panels with General Predictors,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 32(3), pages 554-574, April.
- Westerlund, Joakim & Karabiyik, Hande & Narayan, Paresh, 2015. "Testing for predictability in panels with general predictors," Working Papers fe_2015_10, Deakin University, Department of Economics.
- Joakim Westerlund & Simon Reese & Paresh Narayan, 2017.
"A Factor Analytical Approach to Price Discovery,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(3), pages 366-394, June.
- Westerlund, Joakim & Reese, Simon & Narayan, Paresh, 2014. "A Factor Analytical Approach to Price Discovery," Working Papers 2015:4, Lund University, Department of Economics.
- Saeid Mahdavi & Joakim Westerlund, 2017. "Are state–local government expenditures converging? New evidence based on sequential unit root tests," Empirical Economics, Springer, vol. 53(2), pages 373-403, September.
- Karabiyik, Hande & Reese, Simon & Westerlund, Joakim, 2017. "On the role of the rank condition in CCE estimation of factor-augmented panel regressions," Journal of Econometrics, Elsevier, vol. 197(1), pages 60-64.
- Westerlund, Joakim & Thuraisamy, Kannan, 2016. "Panel multi-predictor test procedures with an application to emerging market sovereign risk," Emerging Markets Review, Elsevier, vol. 28(C), pages 44-60.
- Narayan, Paresh Kumar & Liu, Ruipeng & Westerlund, Joakim, 2016.
"A GARCH model for testing market efficiency,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 41(C), pages 121-138.
- Narayan, Paresh Kumar & Liu, Ruipeng, 2015. "A GARCH model for testing market efficiency," Working Papers fe_2015_01, Deakin University, Department of Economics.
- Joakim Westerlund, 2016. "An IV Test for a Unit Root in Generally Trending and Correlated Panels," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(5), pages 752-764, October.
- Johan Blomquist & Joakim Westerlund, 2016. "Panel bootstrap tests of slope homogeneity," Empirical Economics, Springer, vol. 50(4), pages 1359-1381, June.
- Joakim Westerlund, 2016.
"Pooled Panel Unit Root Tests and the Effect of Past Initialization,"
Econometric Reviews, Taylor & Francis Journals, vol. 35(3), pages 396-427, March.
- Westerlund, Joakim, 2014. "Pooled panel unit root tests and the effect of past initialization," Working Papers fe_2014_06, Deakin University, Department of Economics.
- Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Thuraisamy, Kannan & Westerlund, Joakim, 2016. "Price discovery and asset pricing," Pacific-Basin Finance Journal, Elsevier, vol. 40(PA), pages 224-235.
- Christian Gengenbach & Jean‐Pierre Urbain & Joakim Westerlund, 2016. "Error Correction Testing in Panels with Common Stochastic Trends," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(6), pages 982-1004, September.
- Simon Reese & Joakim Westerlund, 2016.
"Panicca: Panic on Cross‐Section Averages,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(6), pages 961-981, September.
- Reese, Simon & Westerlund, Joakim, 2014. "PANICCA - PANIC on Cross-Section Averages," Working Papers 2015:3, Lund University, Department of Economics, revised 24 Mar 2015.
- Joakim Westerlund & Mehdi Hosseinkouchack & Martin Solberger, 2016.
"The Local Power of the CADF and CIPS Panel Unit Root Tests,"
Econometric Reviews, Taylor & Francis Journals, vol. 35(5), pages 845-870, May.
- Westerlund, Joakim & Hosseinkouchack, Mehdi & Solberger, Martin, 2014. "The local power of the CADF and CIPS panel unit root tests," Working Papers fe_2014_05, Deakin University, Department of Economics.
- Narayan, Paresh Kumar & Phan, Dinh Hoang Bach & Sharma, Susan Sunila & Westerlund, Joakim, 2016. "Are Islamic stock returns predictable? A global perspective," Pacific-Basin Finance Journal, Elsevier, vol. 40(PA), pages 210-223.
- Joakim Westerlund & Mehdi Hosseinkouchack, 2016. "Modified CADF and CIPS Panel Unit Root Statistics with Standard Chi-squared and Normal Limiting Distributions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(3), pages 347-364, June.
- Westerlund, Joakim & Narayan, Paresh, 2016. "Testing for predictability in panels of any time series dimension," International Journal of Forecasting, Elsevier, vol. 32(4), pages 1162-1177.
- Karabiyik, Hande & Westerlund, Joakim & Narayan, Paresh, 2016. "On the estimation and testing of predictive panel regressions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 45(C), pages 115-125.
- Westerlund, Joakim, 2015. "The power of PANIC," Journal of Econometrics, Elsevier, vol. 185(2), pages 495-509.
- Joakim Westerlund & Milda Norkute & Paresh Kumar Narayan, 2015.
"A Factor Analytical Approach to the Efficient Futures Market Hypothesis,"
Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 35(4), pages 357-370, April.
- Westerlund, Joakim & Norkute, Milda & Narayan, Paresh Kumar, 2014. "A factor analytical approach to the efficient futures market hypothesis," Working Papers fe_2014_12, Deakin University, Department of Economics.
- Pedroni, Peter L. & Vogelsang, Timothy J. & Wagner, Martin & Westerlund, Joakim, 2015.
"Nonparametric rank tests for non-stationary panels,"
Journal of Econometrics, Elsevier, vol. 185(2), pages 378-391.
- Pedroni, Peter & Vogelsang, Timothy J. & Wagner, Martin & Westerlund, Joakim, 2011. "Nonparametric Rank Tests for Non-stationary Panels," Economics Series 270, Institute for Advanced Studies.
- Joakim Westerlund, 2015.
"On the Importance of the First Observation in GLS Detrending in Unit Root Testing,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 77(1), pages 152-161, February.
- Westerlund, J., 2014. "On the importance of the first observation in GLS detrending in unit root testing," Working Papers fe_2014_07, Deakin University, Department of Economics.
- Westerlund, Joakim & Narayan, Paresh Kumar & Zheng, Xinwei, 2015.
"Testing for stock return predictability in a large Chinese panel,"
Emerging Markets Review, Elsevier, vol. 24(C), pages 81-100.
- Westerlund, Joakim & Narayan, Paresh & Zheng, Xinwei, 2015. "Testing for stock return predictability in a large Chinese panel," Working Papers fe_2015_11, Deakin University, Department of Economics.
- Westerlund, Joakim & Thuraisamy, Kannan & Sharma, Susan, 2015. "On the use of panel cointegration tests in energy economics," Energy Economics, Elsevier, vol. 50(C), pages 359-363.
- Narayan, Paresh Kumar & Narayan, Seema & Westerlund, Joakim, 2015. "Do order imbalances predict Chinese stock returns? New evidence from intraday data," Pacific-Basin Finance Journal, Elsevier, vol. 34(C), pages 136-151.
- Westerlund, Joakim & Larsson, Rolf, 2015. "New tools for understanding the local asymptotic power of panel unit root tests," Journal of Econometrics, Elsevier, vol. 188(1), pages 59-93.
- Westerlund, Joakim, 2015. "The effect of recursive detrending on panel unit root tests," Journal of Econometrics, Elsevier, vol. 185(2), pages 453-467.
- Joakim Westerlund, 2015. "Rethinking the Univariate Approach to Panel Unit Root Testing: Using Covariates to Resolve the Incidental Trend Problem," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 33(3), pages 430-443, July.
- Joakim Westerlund & Paresh Narayan, 2015.
"A Random Coefficient Approach to the Predictability of Stock Returns in Panels,"
Journal of Financial Econometrics, Oxford University Press, vol. 13(3), pages 605-664.
- Westerlund, Joakim & Narayan, Paresh, 2014. "A random coefficient approach to the predictability of stock returns in panels," Working Papers fe_2014_10, Deakin University, Department of Economics.
- Westerlund, Joakim & Urbain, Jean-Pierre, 2015. "Cross-sectional averages versus principal components," Journal of Econometrics, Elsevier, vol. 185(2), pages 372-377.
- Joakim Westerlund & Paresh Narayan, 2015.
"Testing for Predictability in Conditionally Heteroskedastic Stock Returns,"
Journal of Financial Econometrics, Oxford University Press, vol. 13(2), pages 342-375.
- Westerlund, Joakim & Narayan, Paresh, 2014. "Testing for predictability in conditionally heteroskedastic stock returns," Working Papers fe_2014_01, Deakin University, Department of Economics.
- Joakim Westerlund & Paresh Narayan, 2015. "A sequential purchasing power parity test for panels of large cross-sections and implications for investors," The European Journal of Finance, Taylor & Francis Journals, vol. 21(15), pages 1317-1333, December.
- Westerlund, Joakim, 2014. "On the choice of test for a unit root when the errors are conditionally heteroskedastic," Computational Statistics & Data Analysis, Elsevier, vol. 69(C), pages 40-53.
- Westerlund, Joakim, 2014. "A simple test for nonstationarity in mixed panels with incidental trends," Economics Letters, Elsevier, vol. 125(2), pages 160-163.
- Joakim Westerlund & Per Hjertstrand, 2014. "Indirect Estimation of Semiparametric Binary Choice Models," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 76(2), pages 298-314, April.
- Westerlund, Joakim & Narayan, Paresh, 2014. "Panel versus GARCH information in unit root testing with an application to financial markets," Economic Modelling, Elsevier, vol. 41(C), pages 173-176.
- Narayan, Paresh Kumar & Sharma, Susan & Poon, Wai Ching & Westerlund, Joakim, 2014.
"Do oil prices predict economic growth? New global evidence,"
Energy Economics, Elsevier, vol. 41(C), pages 137-146.
- Narayan, Paresh Kumar & Sharma, Susan Sunila & Poon, Wai Ching & Westerlund, Joakim, 2014. "Do oil prices predict economic growth? New global evidence," Working Papers fe_2014_09, Deakin University, Department of Economics.
- Narayan, Paresh Kumar & Westerlund, Joakim, 2014.
"Does cash flow predict returns?,"
International Review of Financial Analysis, Elsevier, vol. 35(C), pages 230-236.
- Narayan, Paresh Kumar & Westerlund, Joakim, 2015. "Does cash flow predict returns?," Working Papers fe_2015_03, Deakin University, Department of Economics.
- Joakim Westerlund, 2014.
"Heteroscedasticity Robust Panel Unit Root Tests,"
Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 32(1), pages 112-135, January.
- Westerlund, Joakim, 2014. "Heteroskedasticity robust panel unit root tests," Working Papers fe_2014_02, Deakin University, Department of Economics.
- Gengenbach, Christian & Urbain, Jean-Pierre & Westerlund, Joakim, 2013. "Alternative representations for cointegrated panels with global stochastic trends," Economics Letters, Elsevier, vol. 118(3), pages 485-488.
- Joakim Westerlund & Paresh Narayan, 2013. "Testing the Efficient Market Hypothesis in Conditionally Heteroskedastic Futures Markets," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 33(11), pages 1024-1045, November.
- Joakim Westerlund, 2013. "A computationally convenient unit root test with covariates, conditional heteroskedasticity and efficient detrending," Journal of Time Series Analysis, Wiley Blackwell, vol. 34(4), pages 477-495, July.
- Joakim Westerlund & Johan Blomquist, 2013. "PANIC in the Presence of Uncertainty about the Deterministic Trend," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(1), pages 123-135, February.
- Westerlund, Joakim, 2013. "Simple unit root testing in generally trending data with an application to precious metal prices in Asia," Journal of Asian Economics, Elsevier, vol. 28(C), pages 12-27.
- Westerlund, Joakim & Urbain, Jean-Pierre, 2013. "On the implementation and use of factor-augmented regressions in panel data," Journal of Asian Economics, Elsevier, vol. 28(C), pages 3-11.
- Blomquist, Johan & Westerlund, Joakim, 2013.
"Testing slope homogeneity in large panels with serial correlation,"
Economics Letters, Elsevier, vol. 121(3), pages 374-378.
- Blomquist, Johan & Westerlund, Joakim, 2014. "Testing slope homogeneity in large panels with serial correlation," Working Papers fe_2014_04, Deakin University, Department of Economics.
- Westerlund, Joakim & Urbain, Jean-Pierre, 2013. "On the estimation and inference in factor-augmented panel regressions with correlated loadings," Economics Letters, Elsevier, vol. 119(3), pages 247-250.
- Joakim Westerlund & Johan Blomquist, 2013. "A modified LLC panel unit root test of the PPP hypothesis," Empirical Economics, Springer, vol. 44(2), pages 833-860, April.
- Joakim Westerlund & Jörg Breitung, 2013. "Lessons from a Decade of IPS and LLC," Econometric Reviews, Taylor & Francis Journals, vol. 32(5-6), pages 547-591, August.
- Westerlund, Joakim & Narayan, Paresh Kumar, 2012.
"Does the choice of estimator matter when forecasting returns?,"
Journal of Banking & Finance, Elsevier, vol. 36(9), pages 2632-2640.
- Westerlund, Joakim & Narayan, Paresh, 2012. "Does the choice of estimator matter when forecasting returns?," Working Papers fe_2012_01, Deakin University, Department of Economics.
- Lyttkens, Carl Hampus & Westerlund, Joakim & Andersson, Tommy, 2012. "Efficient but getting wet feet: A not-entirely-frivolous note on the side-effects of growth-promoting institutions," Economics Letters, Elsevier, vol. 115(1), pages 118-121.
- Joakim Westerlund, 2012. "Testing For Unit Roots In Panel Time-Series Models With Multiple Level Breaks," Manchester School, University of Manchester, vol. 80(6), pages 671-699, December.
- Westerlund, Joakim & Larsson, Rolf, 2012.
"Testing for a unit root in a random coefficient panel data model,"
Journal of Econometrics, Elsevier, vol. 167(1), pages 254-273.
- Westerlund, Joakim & Larsson, Rolf, 2009. "Testing for a Unit Root in a Random Coefficient Panel Data Model," Working Papers in Economics 383, University of Gothenburg, Department of Economics.
- Mette Anthonsen & Åsa Löfgren & Klas Nilsson & Joakim Westerlund, 2012. "Effects of rent dependency on quality of government," Economics of Governance, Springer, vol. 13(2), pages 145-168, June.
- Mahdavi, Saeid & Westerlund, Joakim, 2011. "Fiscal stringency and fiscal sustainability: Panel evidence from the American state and local governments," Journal of Policy Modeling, Elsevier, vol. 33(6), pages 953-969.
- Jean‐Pierre Urbain & Joakim Westerlund, 2011. "Least Squares Asymptotics in Spurious and Cointegrated Panel Regressions with Common and Idiosyncratic Stochastic Trends," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(1), pages 119-139, February.
- Joakim Westerlund & Wolfgang Hess, 2011. "A new poolability test for cointegrated panels," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(1), pages 56-88, January/F.
- Su-Yin Cheng & Han Hou & Chia-Cheng Ho & Joakim Westerlund, 2011. "Financial systems and mechanisms of growth in different conditions of country risk," Applied Economics Letters, Taylor & Francis Journals, vol. 18(11), pages 1021-1028.
- Westerlund, Joakim & Mahdavi, Saeid & Firoozi, Fathali, 2011.
"The tax-spending nexus: Evidence from a panel of US state-local governments,"
Economic Modelling, Elsevier, vol. 28(3), pages 885-890, May.
- Saeid Mahdavi & Joakim Westerlund, 2008. "The Tax Spending Nexus: Evidence from a Panel of US State-Local Governments," Working Papers 0045, College of Business, University of Texas at San Antonio.
- Westerlund, Joakim & Mahdavi, Saeid, 2009. "The Tax-Spending Nexus: Evidence from a Panel of US State- Local Governments," Working Papers in Economics 378, University of Gothenburg, Department of Economics.
- Westerlund, Joakim & Edgerton, David L. & Opper, Sonja, 2010. "Why is Chinese provincial output diverging?," Journal of Asian Economics, Elsevier, vol. 21(4), pages 333-344, August.
- Joakim Westerlund & Silika Prohl, 2010. "Panel cointegration tests of the sustainability hypothesis in rich OECD countries," Applied Economics, Taylor & Francis Journals, vol. 42(11), pages 1355-1364.
- Basher, Syed A. & Westerlund, Joakim, 2009.
"Panel cointegration and the monetary exchange rate model,"
Economic Modelling, Elsevier, vol. 26(2), pages 506-513, March.
- Basher, Syed A. & Westerlund, Joakim, 2008. "Panel Cointegration and the Monetary Exchange Rate Model," MPRA Paper 10453, University Library of Munich, Germany.
- Westerlund, Joakim & Larsson, Rolf, 2009.
"A Note On The Pooling Of Individual Panic Unit Root Tests,"
Econometric Theory, Cambridge University Press, vol. 25(6), pages 1851-1868, December.
- Westerlund, Joakim, 2007. "A Note on the Pooling of Individual PANIC Unit Root Tests," Working Papers 2007:5, Lund University, Department of Economics.
- Joakim Westerlund, 2009. "A note on the use of the LLC panel unit root test," Empirical Economics, Springer, vol. 37(3), pages 517-531, December.
- Joakim Westerlund & Mauro Costantini, 2009.
"Panel cointegration and the neutrality of money,"
Empirical Economics, Springer, vol. 36(1), pages 1-26, February.
- Westerlund, Joakim & Costantini, Mauro, 2006. "Panel Cointegration and the Neutrality of Money," Working Papers 2006:18, Lund University, Department of Economics.
- Silika Prohl & Joakim Westerlund, 2009. "Using Panel Data to Test for Fiscal Sustainability within the European Union," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 65(2), pages 246-269, June.
- Joakim Westerlund & Fredrik Wilhelmsson, 2009. "Estimating the gravity model without gravity using panel data," Applied Economics, Taylor & Francis Journals, vol. 43(6), pages 641-649.
- Joakim Westerlund & Syed Basher, 2008.
"Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(1), pages 109-120, May.
- Westerlund, Joakim & Basher, Syed A., 2007. "Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data," MPRA Paper 3262, University Library of Munich, Germany.
- Joakim Westerlund, 2008.
"Panel cointegration tests of the Fisher effect,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 23(2), pages 193-233.
- Westerlund, J., 2006. "Panel cointegration tests of the Fisher effect," Research Memorandum 054, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Joakim Westerlund & David L. Edgerton, 2008.
"A Simple Test for Cointegration in Dependent Panels with Structural Breaks,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 70(5), pages 665-704, October.
- Westerlund, Joakim & Edgerton, David, 2006. "Simple Tests for Cointegration in Dependent Panels with Structural Breaks," Working Papers 2006:13, Lund University, Department of Economics, revised 28 Jan 2007.
- Damiaan Persyn & Joakim Westerlund, 2008. "Error-correction–based cointegration tests for panel data," Stata Journal, StataCorp LP, vol. 8(2), pages 232-241, June.
- Westerlund, Joakim & Basher, Syed A., 2008.
"Mixed signals among tests for panel cointegration,"
Economic Modelling, Elsevier, vol. 25(1), pages 128-136, January.
- Westerlund, Joakim & Basher, Syed A., 2007. "Mixed Signals Among Tests for Panel Cointegration," MPRA Paper 3261, University Library of Munich, Germany.
- Joakim Westerlund, 2007. "Class size and student evaluations in Sweden," Education Economics, Taylor & Francis Journals, vol. 16(1), pages 19-28.
- Joakim Westerlund & Syed A. Basher, 2007.
"Can panel data really improve the predictability of the monetary exchange rate model?,"
Journal of Forecasting, John Wiley & Sons, Ltd., vol. 26(5), pages 365-383.
- Westerlund, Joakim & Basher, Syed A., 2006. "Can Panel Data Really Improve the Predictability of the Monetary Exchange Rate Model?," MPRA Paper 1229, University Library of Munich, Germany.
- Luciano Gutierrez & Joakim Westerlund & Kenneth Erickson, 2007. "Farmland prices, structural breaks and panel data," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 34(2), pages 161-179, June.
- Joakim Westerlund & David L. Edgerton, 2007.
"New Improved Tests for Cointegration with Structural Breaks,"
Journal of Time Series Analysis, Wiley Blackwell, vol. 28(2), pages 188-224, March.
- Westerlund, Joakim & Edgerton , David, 2006. "New Improved Tests for Cointegration with Structural Breaks," Working Papers 2006:3, Lund University, Department of Economics.
- Syed Basher & Joakim Westerlund, 2007.
"Is there really a unit root in the inflation rate? More evidence from panel data models,"
Applied Economics Letters, Taylor & Francis Journals, vol. 15(3), pages 161-164.
- Basher, Syed A. & Westerlund, Joakim, 2006. "Is there Really a Unit Root in the Inflation Rate? More Evidence from Panel Data Models," MPRA Paper 136, University Library of Munich, Germany.
- Joakim Westerlund, 2007.
"Testing for Error Correction in Panel Data,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
- Westerlund, J., 2006. "Testing for error correction in panel data," Research Memorandum 056, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Westerlund, Joakim, 2005. "Testing for Error Correction in Panel Data," Working Papers 2005:11, Lund University, Department of Economics.
- Westerlund, Joakim & Edgerton, David L., 2007. "A panel bootstrap cointegration test," Economics Letters, Elsevier, vol. 97(3), pages 185-190, December.
- Joakim Westerlund, 2006.
"Testing for Panel Cointegration with Multiple Structural Breaks,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 68(1), pages 101-132, February.
- Westerlund, Joakim, 2005. "Testing for Panel Cointegration with Multiple Structural Breaks," Working Papers 2005:12, Lund University, Department of Economics.
- Westerlund, Joakim, 2006. "Testing for panel cointegration with a level break," Economics Letters, Elsevier, vol. 91(1), pages 27-33, April.
- Westerlund, Joakim, 2006. "Reducing the size distortions of the panel LM Test for cointegration," Economics Letters, Elsevier, vol. 90(3), pages 384-389, March.
- Joakim Westerlund, 2005. "Data Dependent Endogeneity Correction in Cointegrated Panels," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(5), pages 691-705, October.
- Joakim Westerlund, 2005.
"A Panel CUSUM Test of the Null of Cointegration,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(2), pages 231-262, April.
- Westerlund, Joakim, 2003. "A Panel CUSUM Test of the Null of Cointegration," Working Papers 2003:15, Lund University, Department of Economics.
- Joakim Westerlund, 2005.
"New Simple Tests for Panel Cointegration,"
Econometric Reviews, Taylor & Francis Journals, vol. 24(3), pages 297-316.
- Westerlund, Joakim, 2005. "New Simple Tests for Panel Cointegration," Working Papers 2005:8, Lund University, Department of Economics.
- Joakim Westerlund, 0. "Estimating Cointegrated Panels with Common Factors and the Forward Rate Unbiasedness Hypothesis," Journal of Financial Econometrics, Oxford University Press, vol. 5(3), pages 491-522.
Software components
- Jan Ditzen & Yiannis Karavias & Joakim Westerlund, 2021. "XTBREAK: Stata module for detecting and dating multiple structural breaks in time series and panel data," Statistical Software Components S459010, Boston College Department of Economics, revised 13 Jan 2022.
Editorship
- Empirical Economics, Springer.
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- Number of Journal Pages, Weighted by Number of Authors
- Number of Journal Pages, Weighted by Number of Authors and Simple Impact Factors
- Number of Journal Pages, Weighted by Number of Authors and Recursive Impact Factors
- Number of Abstract Views in RePEc Services over the past 12 months
- Number of Downloads through RePEc Services over the past 12 months
- Number of Abstract Views in RePEc Services over the past 12 months, Weighted by Number of Authors
- Number of Downloads through RePEc Services over the past 12 months, Weighted by Number of Authors
- Euclidian citation score
- Closeness measure in co-authorship network
- Betweenness measure in co-authorship network
- Breadth of citations across fields
- Wu-Index
Co-authorship network on CollEc
NEP Fields
NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 61 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.- NEP-ECM: Econometrics (45) 2003-08-24 2003-11-16 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-10-22 2006-02-19 2006-05-13 2006-09-30 2006-12-16 2006-12-16 2007-01-14 2007-01-23 2007-03-03 2007-05-19 2009-01-03 2009-09-26 2009-09-26 2009-09-26 2009-10-10 2011-06-18 2013-06-16 2014-02-08 2014-02-15 2014-02-15 2014-02-15 2014-03-22 2014-03-22 2014-04-29 2014-08-09 2014-08-09 2014-08-09 2014-08-09 2015-02-16 2015-02-16 2015-08-13 2015-08-13 2021-08-09 2021-11-29 2021-12-13 2022-11-14 2022-12-12 2023-02-13. Author is listed
- NEP-ETS: Econometric Time Series (33) 2003-08-24 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-02-01 2005-10-22 2006-02-19 2006-05-13 2006-09-30 2006-10-14 2006-12-16 2006-12-16 2007-01-23 2007-03-03 2007-05-19 2009-01-03 2009-09-26 2009-09-26 2009-09-26 2009-10-10 2009-10-10 2011-06-18 2013-10-25 2014-02-02 2014-02-08 2014-02-15 2014-02-15 2014-02-15 2014-04-29 2015-02-16 2021-08-09 2021-11-22. Author is listed
- NEP-MON: Monetary Economics (8) 2003-11-16 2005-02-01 2006-09-30 2006-10-14 2006-12-16 2007-01-14 2008-09-20 2023-02-20. Author is listed
- NEP-CBA: Central Banking (5) 2006-09-30 2006-10-14 2006-12-16 2008-09-20 2022-12-12. Author is listed
- NEP-FOR: Forecasting (4) 2007-01-14 2013-06-16 2015-08-13 2015-08-19
- NEP-MAC: Macroeconomics (4) 2005-02-01 2006-09-30 2006-10-14 2006-12-16
- NEP-CNA: China (3) 2008-11-11 2014-08-09 2015-08-13
- NEP-ORE: Operations Research (3) 2021-08-09 2021-11-29 2022-01-03
- NEP-SOG: Sociology of Economics (3) 2014-02-15 2014-02-15 2014-02-15
- NEP-BAN: Banking (2) 2022-12-12 2023-02-20
- NEP-FMK: Financial Markets (2) 2015-08-13 2021-11-08
- NEP-HIS: Business, Economic and Financial History (2) 2007-05-19 2021-01-18
- NEP-TRA: Transition Economics (2) 2008-11-11 2014-08-09
- NEP-CWA: Central and Western Asia (1) 2021-11-08
- NEP-ENE: Energy Economics (1) 2007-05-19
- NEP-ENV: Environmental Economics (1) 2007-05-19
- NEP-FDG: Financial Development and Growth (1) 2023-02-20
- NEP-GEO: Economic Geography (1) 2008-11-11
- NEP-HPE: History and Philosophy of Economics (1) 2021-01-18
- NEP-IFN: International Finance (1) 2008-09-20
- NEP-MKT: Marketing (1) 2015-02-16
- NEP-PBE: Public Economics (1) 2009-09-26
- NEP-URE: Urban and Real Estate Economics (1) 2009-09-26
Corrections
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