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A number of advances have taken place in panel data analysis§during the pastthree decades and it continues to be one of§the most active areas of research. This volume contains 13§significant contributions focusing on modelling strategies,§data issues, theoretical analysis and applications. Applied§econometrics papers on the economics of labor, health,§telecommunications, finance and macroeconomics are provided§as well as a survey of recent theoretical developments in§panal data analysis. Contributors include both well known§scholars and younger researchers from Australia, Canada,§Europe and the United States of America.