Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10001581126
Persistent link: https://www.econbiz.de/10003740180
Persistent link: https://www.econbiz.de/10001729047
Persistent link: https://www.econbiz.de/10001729049
Persistent link: https://www.econbiz.de/10001729050
Persistent link: https://www.econbiz.de/10001729052
Persistent link: https://www.econbiz.de/10001474248
Persistent link: https://www.econbiz.de/10000990476
In this paper, we examine the use of Box-Tiao*s (1977) canonical correlation method as an alternative to likelihood-based inferences for vector error-correction models. It is now well-known that testing of cointegration ranks based on Johansen*s (1995) ML-based method suffers from severe small...
Persistent link: https://www.econbiz.de/10005360613
Any research or policy analysis in economics must be consistent with the time-series properties of observed macroeconomic data. Numerous previous studies of such time series reinforce the need to specify correctly a model's multivariate stochastic structure. This paper discusses in detail the...
Persistent link: https://www.econbiz.de/10005360642