Lu, Yang-Cheng; Chang, Tsangyao; Hung, Ken; Liu, Wen-Chi - In: Mathematics and Computers in Simulation (MATCOM) 80 (2010) 10, pp. 2019-2025
In this study, we use the newly developed and refined panel stationary test with structural breaks to investigate the time-series properties of stock prices for the G-7 stock markets during the 2000–2007 period. The empirical results from numerous earlier panel-based unit root tests which do...