This paper examines the finite sample properties of three testing regimes for the null hypothesis of a panel unit root against stationary alternatives in the presence of cross-sectional correlation.

This study considers testing for a unit root in a time series characterized by a structural change in its mean level. My approach follows the "intervention analysis" of Box and Tiao (1975) in the ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Khadija Khartit is a strategy, investment, and ...