Ghassan, Hassan B.; Boulanouar, Zakaria; Hassan, M. Kabir - In: International Journal of Financial Studies : open … 9 (2021) 2, pp. 1-8
Using a new panel cointegration test that considers serial correlation and cross-section dependence on a mixed and heterogenous sample of Saudi banks, we revisit the cointegrating equation of the z-score index of banking stability. Our results show that even when we consider the cross-section...
