Almasri, Abdullah; Månsson, Kristofer; Sjölander, Pär; … - Handelns Utredningsinstitut (HUI Research) - 2012
This paper introduces two different non-parametric tests for panel unit root based on the wavelet decomposition of time series which may be used in the presence of cross-sectional dependency and an unknown structural break in the data. These tests are compared with the parametric IPS test...