Dek Terrell is the Freeport-McMoRan Professor of Economics at Louisiana State University, where his research has focused on the Louisiana Economy. He has traced the impact of hurricane Katrina, the BP Oil Spill, and worked on over a 100 Louisiana-related empirical economic projects.  Tong Li is the Gertrude Conaway Vanderbilt Chair in Social and Natural Sciences and Professor Economics at Vanderbilt University. His research primarily focuses on microeconometrics, with a focus on identification and inference of econometric models with latent variables and game-theoretic models. M. Hashem Pesaran is the John Elliot Distinguished Chair in Economics and Professor of Economics at USC Dornsife, as well as the Director of the Center for Applied Financial Economics. Recently, his research has focused on the econometric analysis of heterogeneous dynamic panels with unobserved common effects, among others.

• Introduction; Dek Terrell, Tong Li and M. Hashem PesaranChapter 1. Correction for the Asymptotical Bias of the Arellano-Bond type GMM Estimation of Dynamic Panel Models; Yonghui Zhang and Qiankun ZhouChapter 2. Testing Convergence using HAR Inference; Peter Phillips, Jianning Kong and Donggyu SulChapter 3. Bayesian Estimation of Linear Sum Assignment Problems; Yubo Tao and Jun YuChapter 4. A VAR Approach to Forecasting Multivariate Long Memory Processes Subject to Structural Breaks; Cindy S.H. Wang and Shui Ki WanChapter 5. Identifying Global and National Output and Fiscal Policy Shocks Using a GVAR; Alexander Chudik, M. Hashem Pesaran and Kamiar MohaddesChapter 6. The Determinents of Health Care Expenditure and Trends: A Semiparametric Panal Data Analysis of OECD Countries; Ming Kong, Jiti Gao and Xueyan ZhaoChapter 7. Growth empirics: a Bayesian semiparametric model with random coefficients for a panel of OECD Countries; Badi H. Baltagi, Georges Bresson and Jean-Michel EtienneChapter 8. Robust Estimation and Inference for Importance Sampling Estimators with Infinite Variance; Joshua Chan, Chenghan Hou and Thomas Tao YangChapter 9. Econometrics of Scoring Auctions; Jean-Jacques Laffont, Isabelle Perrigne, Michel Simioni, and Quang VuongChapter 10. Bayesian Estimation of Linear Sum Assignment Problems; Yu-Wei Hsieh and Matthew ShumChapter 11. The Mode is the Message: Using Predata as Exclusion Restrictions to Evaluate Survey Design; Heng Chen, Geoffrey Dunbar, and Q. Rallye ShenChapter 12. Estimating Peer Effects on Career Choice: A Spatial Multinomial Logit Approach; Bolun Li, Robin Sickles and Jenny WilliamsChapter 13. Mortgage Portfolio Diversification in the Presence of Cross-Sectional and Spatial Dependence; Timothy Dombrowski, R. Kelley Pace and Rajesh NarayananChapter 14. An Econometrician's Perspective on Big Data; Cheng Hsiao HsiaoChapter 15. Comments on 'An Econometrician's Perspective on Big Data'; Thomas FombyChapter 16. Comments on 'An Econometrician's Perspective on Big Data' by Cheng Hsiao; Georges Bresson

Dek Terrell is the Freeport-McMoRan Professor of Economics at Louisiana State University, where his research has focused on the Louisiana Economy. He has traced the impact of hurricane Katrina, the BP Oil Spill, and worked on over a 100 Louisiana-related empirical economic projects.  Tong Li is the Gertrude Conaway Vanderbilt Chair in Social and Natural Sciences and Professor Economics at Vanderbilt University. His research primarily focuses on microeconometrics, with a focus on identification and inference of econometric models with latent variables and game-theoretic models. M. Hashem Pesaran is the John Elliot Distinguished Chair in Economics and Professor of Economics at USC Dornsife, as well as the Director of the Center for Applied Financial Economics. Recently, his research has focused on the econometric analysis of heterogeneous dynamic panels with unobserved common effects, among others.

• Introduction; Dek Terrell, Tong Li and M. Hashem PesaranChapter 1. Correction for the Asymptotical Bias of the Arellano-Bond type GMM Estimation of Dynamic Panel Models; Yonghui Zhang and Qiankun ZhouChapter 2. Testing Convergence using HAR Inference; Peter Phillips, Jianning Kong and Donggyu SulChapter 3. Bayesian Estimation of Linear Sum Assignment Problems; Yubo Tao and Jun YuChapter 4. A VAR Approach to Forecasting Multivariate Long Memory Processes Subject to Structural Breaks; Cindy S.H. Wang and Shui Ki WanChapter 5. Identifying Global and National Output and Fiscal Policy Shocks Using a GVAR; Alexander Chudik, M. Hashem Pesaran and Kamiar MohaddesChapter 6. The Determinents of Health Care Expenditure and Trends: A Semiparametric Panal Data Analysis of OECD Countries; Ming Kong, Jiti Gao and Xueyan ZhaoChapter 7. Growth empirics: a Bayesian semiparametric model with random coefficients for a panel of OECD Countries; Badi H. Baltagi, Georges Bresson and Jean-Michel EtienneChapter 8. Robust Estimation and Inference for Importance Sampling Estimators with Infinite Variance; Joshua Chan, Chenghan Hou and Thomas Tao YangChapter 9. Econometrics of Scoring Auctions; Jean-Jacques Laffont, Isabelle Perrigne, Michel Simioni, and Quang VuongChapter 10. Bayesian Estimation of Linear Sum Assignment Problems; Yu-Wei Hsieh and Matthew ShumChapter 11. The Mode is the Message: Using Predata as Exclusion Restrictions to Evaluate Survey Design; Heng Chen, Geoffrey Dunbar, and Q. Rallye ShenChapter 12. Estimating Peer Effects on Career Choice: A Spatial Multinomial Logit Approach; Bolun Li, Robin Sickles and Jenny WilliamsChapter 13. Mortgage Portfolio Diversification in the Presence of Cross-Sectional and Spatial Dependence; Timothy Dombrowski, R. Kelley Pace and Rajesh NarayananChapter 14. An Econometrician's Perspective on Big Data; Cheng Hsiao HsiaoChapter 15. Comments on 'An Econometrician's Perspective on Big Data'; Thomas FombyChapter 16. Comments on 'An Econometrician's Perspective on Big Data' by Cheng Hsiao; Georges Bresson

Dek Terrell is the Freeport-McMoRan Professor of Economics at Louisiana State University, where his research has focused on the Louisiana Economy. He has traced the impact of hurricane Katrina, the BP Oil Spill, and worked on over a 100 Louisiana-related empirical economic projects.  Tong Li is the Gertrude Conaway Vanderbilt Chair in Social and Natural Sciences and Professor Economics at Vanderbilt University. His research primarily focuses on microeconometrics, with a focus on identification and inference of econometric models with latent variables and game-theoretic models. M. Hashem Pesaran is the John Elliot Distinguished Chair in Economics and Professor of Economics at USC Dornsife, as well as the Director of the Center for Applied Financial Economics. Recently, his research has focused on the econometric analysis of heterogeneous dynamic panels with unobserved common effects, among others.

• Introduction; Dek Terrell, Tong Li and M. Hashem PesaranChapter 1. Correction for the Asymptotical Bias of the Arellano-Bond type GMM Estimation of Dynamic Panel Models; Yonghui Zhang and Qiankun ZhouChapter 2. Testing Convergence using HAR Inference; Peter Phillips, Jianning Kong and Donggyu SulChapter 3. Bayesian Estimation of Linear Sum Assignment Problems; Yubo Tao and Jun YuChapter 4. A VAR Approach to Forecasting Multivariate Long Memory Processes Subject to Structural Breaks; Cindy S.H. Wang and Shui Ki WanChapter 5. Identifying Global and National Output and Fiscal Policy Shocks Using a GVAR; Alexander Chudik, M. Hashem Pesaran and Kamiar MohaddesChapter 6. The Determinents of Health Care Expenditure and Trends: A Semiparametric Panal Data Analysis of OECD Countries; Ming Kong, Jiti Gao and Xueyan ZhaoChapter 7. Growth empirics: a Bayesian semiparametric model with random coefficients for a panel of OECD Countries; Badi H. Baltagi, Georges Bresson and Jean-Michel EtienneChapter 8. Robust Estimation and Inference for Importance Sampling Estimators with Infinite Variance; Joshua Chan, Chenghan Hou and Thomas Tao YangChapter 9. Econometrics of Scoring Auctions; Jean-Jacques Laffont, Isabelle Perrigne, Michel Simioni, and Quang VuongChapter 10. Bayesian Estimation of Linear Sum Assignment Problems; Yu-Wei Hsieh and Matthew ShumChapter 11. The Mode is the Message: Using Predata as Exclusion Restrictions to Evaluate Survey Design; Heng Chen, Geoffrey Dunbar, and Q. Rallye ShenChapter 12. Estimating Peer Effects on Career Choice: A Spatial Multinomial Logit Approach; Bolun Li, Robin Sickles and Jenny WilliamsChapter 13. Mortgage Portfolio Diversification in the Presence of Cross-Sectional and Spatial Dependence; Timothy Dombrowski, R. Kelley Pace and Rajesh NarayananChapter 14. An Econometrician's Perspective on Big Data; Cheng Hsiao HsiaoChapter 15. Comments on 'An Econometrician's Perspective on Big Data'; Thomas FombyChapter 16. Comments on 'An Econometrician's Perspective on Big Data' by Cheng Hsiao; Georges Bresson