Testing and Estimating Structural Breaks in Time Series and Panel Data in Stata
Identifying structural change is a crucial step when analyzing time series and panel data. The longer the time span, the higher the likelihood that the model parameters have changed because of major disruptive events such as the 2007–2008 financial crisis and the 2020 COVID-19 outbreak. Detecting the existence of breaks and dating them is therefore necessary for not only estimation but also unders
