Guillén, Osmani Teixeira de Carvalho; Hecq, Alain; … - Central Bank of Brazil, Research Department - 2013
This paper has two original contributions. First, we show that PV relationships entail a weak-form SCCF restriction, as in Hecq et al. (2006) and in Athanasopoulos et al. (2011), and implies a polynomial serial correlation common feature relationship (Cubadda and Hecq, 2001). These represent...
