Faliva, Mario; Zoia, Maria Grazia - Institut d'Economie et Econométrie, Université de Genève - 2000
In this paper a novel partitioned inversion formula is obtained in terms of the orthogonal complements of off-diagonal blocks, with the emblematic matrix of unit-root econometrics springing up as the leading diagonal block of the inverse. On the one hand, the result paves the way to a...