ASYMPTOTIC THEORY FOR LOCAL TIME DENSITY ESTIMATION AND NONPARAMETRIC COINTEGRATING REGRESSION

B-Tier
Journal: Econometric Theory
Year: 2009
Volume: 25
Issue: 3
Pages: 710-738

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Asymptotic theory is developed for local time density estimation for a general class of functionals of integrated and fractionally integrated time series. The main result provides a convenient basis for developing a limit theory for nonparametric cointegrating regression and nonstationary autoregression. The treatment directly involves local time estimation and the density function of the processes under consideration, providing an alternative approach to the Markov chain and Fourier integral methods that have been used in other recent work on these problems.

Technical Details

RePEc Handle
repec:cup:etheor:v:25:y:2009:i:03:p:710-738_09
Journal Field
Econometrics
Author Count
2
Added to Database
2026-01-29