Rehman, Atiq-ur-; Malik, Muhammad Irfan - Volkswirtschaftliche Fakultät, … - 2014
Since times of Yule (1926), it is known that correlation between two time series can produce spurious results. Granger and Newbold (1974) see the roots of spurious correlation in non-stationarity of the time series. However the study of Granger, Hyung and Jeon (2001) prove that spurious...