, whether a stationary or a cointegration environment is considered. The CUSUM-of-squares test is to be preferred, as it is very …

The purpose of this paper is to propose a new likelihood-based panel cointegration test in the presence of a linear … power in small samples. -- Panel cointegration Test ; likelihood ratio ; time trend ; Monte Carlo study …

cointegration between exchange rates and consumer price indices. The impulse response function presents a graphical view which is …

This paper provides tables of critical values for some popular tests of cointegration and unit roots. Although these …

This paper presents results concerning the performance of both single equation and system panel cointegration tests and … unit circle, of I(2) components, of short-run cross-sectional correlation and of cross-unit cointegration on the … components are considered. -- cross-sectional dependence ; estimator ; panel cointegration ; simulation study ; test …