Chudik, Alexander (contributor); … - 2007
. Initially, we shall assume that the process has started from a �nite past, t 2 T
f M + 1;::;0;::g Z, M being a �xed positive … relegated to Appendix B.
The objective is to study the correlation pattern of a double index process fxit;i2 S;t2 Tg, given by … distributed over space or more generally networks. Pesaran and Tosetti (PT, 2007, De�nition
4) de�ne process fxitg to be cross …