Baldwin, Richard E. (contributor); … - 2005
implemented co-integration analysis, as for example Arize (1997, 1998a and b),
Fountas and Aristotelous (1999) and Koray and …
. Moreover, the choice between OLS regressions and co-integration analysis depends on the
stationarity properties of the trade … Grauwe (1987) 73-84 EU σ [R(N)ERR] Bil. X s. neg.
De Grauwe and Verfaille (1988) 79-85 15 indus VRERR Bil. X Trade in EMS …