Hidalgo, Javier - Suntory and Toyota International Centres for Economics … - 2005
We consider the estimation of the location of the pole and memory parameter, ?0 and a respectively, of covariance … of convergence is affected by the estimation of ?0. Thus, we reinforce and extend previous results with respect to the … estimation of a when ?0 is assumed to be known a priori. A small Monte Carlo study is included to illustrate the finite sample …