The New Econometrics of Structural Change: Dating Breaks in U.S. Labour Productivity

By B. Hansen. 2001

878 citations recorded by the source corpus.

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In Economics and Econometrics

Citations in the corpus

Bootstrap Tests for Regression Models (2009, methodology): “All are based upon the added variable approach to computing the Hausman statistic. Since the status of only one regressor is under test in the experiments of Li (2006), a special case of (6.”
Another Pass-Through Bites the Dust?: Oil Prices and Inflation (2007, background): “Hansen (2001) and Perron (2005) provide a review of the literature on structural breaks and we will only briefly discuss the main intuition that sustains the method that we apply.”
EU Productivity and Competitiveness: An Industry Perspective Can Europe Resume the Catching-up Process? (2003, methodology): “For example breakpoint tests such as described in Hansen (2001) can also be used to test for (sequential) breaks.”
The impact of economic growth on CO2 emissions in Azerbaijan (2018, background): “Perron (1989) and Hansen (2001), among others, state that conventional unit root tests might be biased towards fail to reject a false unit root null hypothesis in the case of data is trend stationary with a structural break as they do not account for such breaks.”
Forecasting: theory and practice (2020, background): “However, the focus of these approaches has been primarily on the United States (Hansen, 2001; Roberts, 2001), which saw a sharp rise in productivity growth in the 1990’s that was not mirrored in the UK (Basu et al.”
Monitoring Structural Change in Dynamic Econometric Models (2002, methodology): “The by now classical approach to the detection of structural changes attempts to detect breaks ex post, see Hansen (2001) for a state of the art survey.”
On Time-Varying Factor Models: Estimation and Testing ∗ (2017, background): “Indeed, as Hansen (2001) points out, “it may seem unlikely that a structural break could be immediate and might seem more reasonable to allow a structural change to take a period of time to take effect”.”
Exchange Rate Pass-Through into Import Prices (2005, background): “We reestimated equation (7) for this sample of disaggregated price data.14 As detailed in appendix table A115 and sum- 13 Hansen (2001) provides a good critique of different types of structuralchange tests.”
Do Police Reduce Crime? Estimates using the Allocation of Police Forces after a Terrorist Attack (2004, background): “The least squares breakdate estimate is the date for which the sum of squared errors associated with the model is minimized (Bai, 1994; Bai, 1997; Bai, Lumsdaine and Stock, 1998; Hansen, 2001).”
Estimation of large dimensional factor models with an unknown number of breaks (2018, methodology): “labor productivity time-series data, Hansen (2001) plotted the sequence of Chow statistics for testing structural changes as a function of candidate break dates as shown in Figure 1 of page 120.”
Delay times of sequential procedures for multiple time series regression models (2009, methodology): “Important contributions include Andrews (1993), Hansen (2001), Perron (1989, 1997), and Stock and Watson (1996), among others.”