Nonsense Regressions between Integrated Processes of Different Orders.

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 1996
Volume: 58
Issue: 3
Pages: 525-36

Authors (1)

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Herein the author develops an analytical study of the asymptotic distributions obtained when he runs linear regressions in the levels of stochastically independent integrated time series when the orders of integration of the dependent and independent variables are different. These theoretical findings largely explain the Monte Carlo results recently reported in A. Banerjee et al. (1993). Copyright 1996 by Blackwell Publishing Ltd

Technical Details

RePEc Handle
repec:bla:obuest:v:58:y:1996:i:3:p:525-36
Journal Field
General
Author Count
1
Added to Database
2026-01-25