Unit roots and structural breaks in panels: Does the model specification matter?
Although the impacts of structural instability on testing for unit root have been studied extensively for univariate time series, such impacts on panel data unit root tests are still relatively unknown. A major issue is the choice of model in accommodating different types of break (instability) prio...
| Main Authors: | , |
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| Format: | Conference Paper |
| Published: |
2009
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| Online Access: | http://hdl.handle.net/20.500.11937/82026 |