with error correction and without the intercept has better post-sample forecasting properties than the former equation …

forecast mean squared error criterion and certain parameter estimation results indicate that, in practice, a cointegration … forecast, is an ordinary VAR model, also in annual differences. -- Seasonal cointegration ; forecasting …We propose a seasonal cointegration model [SECM] for quarterly data which includes variables with different numbers of …

In this paper we present a unit root test against a nonlinear dynamic heterogenous panel with each cross section …

illustrated. -- Bayesian panel regression ; parametric covariance ; model selection …