A new poolability test for cointegrated panels
提出一种新检验，用于判断协整面板回归中参数是否跨截面相等，推导了渐近分布，模拟显示小样本表现良好，并应用于货币汇率模型。
This paper proposes a new test of the null hypothesis that the parameters in a cointegrated panel data regression are equal across the cross-section. The asymptotic distribution of the new test statistic is derived and simulation results are provided to suggest that it performs very well in small samples. An empirical application to the monetary exchange rate model is also provided. Copyright (C) 2009 John Wiley & Sons, Ltd.