Castagnetti, Carolina; Rossi, Eduardo; Trapani, Lorenzo - In: Economics Letters 130 (2015) C, pp. 66-68
Castagnetti et al. (2015) propose two max-type statistics to test for the presence of a factor structure in a large stationary panel data model. In this contribution, we study the use of Hausman-type statistics based on the CCE estimator of Pesaran (2006) and the IE estimator developed by Bai...
