Cron, Axel; Weidmann, Jens - University of Bonn, Germany - 1996
.e. threshold cointegration, applying nonparametric methods. Three different data sets representing two different long-run relations … cointegration in these data sets. Furthermore, using Monte Carlo simulations we show that undetected threshold cointegration leads … implies the wide-spread view that the longer the observation period the better suited are cointegration techniques has to be …