This article is our personal perspective on the IPS test and the subsequent developments of unit root and cointegration …

This paper extends the cross sectionally augmented panel unit root test proposed by Pesaran (2007) to the case of a … the maximum number of factors, in contrast to other panel unit root tests based on principal components that require in …

This paper analyses the short- and long-run effects of trade openness on financial development in a panel including …

degrees, the dependence that might prevail across the different units in the panel. In the analysis of cointegration the …This paper provides a review of the literature on unit roots and cointegration in panels where the time dimension (T … hypothesis testing and estimation problems are further complicated by the possibility of cross section cointegration which could …

This paper applies fractional integration and cointegration methods to examine respectively the univariate properties …

using county-level panel data in the United States. Using data on foot traffic and K-12 school opening plans, we analyze how … related to the 2-weeks forward growth rate of confirmed COVID-19 cases. Our debiased panel data regression analysis with a set …

result is shown to hold for pure latent factor models as well as for panel regressions with latent factors. Small sample …

this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the …