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cross sectionalpanel quantilesectional dependencetests crosssectional errorerror dependencedependence panelquantile regressionsregressions paperpaper arguesargues crossdependence csdcsd indicatorindicator misspecificationmisspecification panelquantile regressionregression qrqr justjust nuisancenuisance accountedaccounted panelpanel robustrobust standardstandard errorserrors motivatesmotivates developmentdevelopment novelnovel testtest panelpanel qrqr misspecificationmisspecification basedbased detectingdetecting csdcsd testtest possessespossesses standardstandard normalnormal limitinglimiting distributiondistribution jointjoint asymptoticsasymptotics restrictionsrestrictions relativerelative raterate infinityinfinity finitesamplefinitesample correctioncorrection improvesimproves applicabilityapplicability testtest panelspanels largerlarger empiricalempirical applicationapplication housinghousing marketsmarkets illustratesillustrates useuse proposedproposed crossdependence testtestcross unit correlationconditional quantilefactor modelpanel studyestimation theoryregression analysisfactor analysisstatistischer teststatistical test
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