Tests for Cointegration in Models with Regime and Trend Shifts.

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 1996
Volume: 58
Issue: 3
Pages: 555-60

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

Recently A. W. Gregory and B. E. Hansen (1996) proposed a number of residual-based tests for cointegration models with the possibility of a structural break. They considered three models: level shift, level shift with trend, and regime shift (both level shift and slope coefficients can change). The authors introduce a more general model that permits a trend shift as well as a regime shift and they provide the critical values appropriate for testing this hypothesis. Copyright 1996 by Blackwell Publishing Ltd

Technical Details

RePEc Handle
repec:bla:obuest:v:58:y:1996:i:3:p:555-60
Journal Field
General
Author Count
2
Added to Database
2026-01-25