This paper proposes a new test for structural stability in panels by extending the testing procedure proposed in the seminal work of Andrews (2003) originally developed for time series. The test is robust to non-normal, heteroskedastic and serially correlated errors, and, importantly, allows for...

Time series analysis in frequency domain has always been an active area of research. Theorists often employ techniques in frequency domain to advance current understanding on complex time series properties and develop useful toolboxes for practical time series analysis. This chapter reviews...