Cointegration Vector Estimation by Panel DOLS and Long-run Money Demand*
نویسندگان
چکیده
منابع مشابه
Money Demand Functions: Cointegration and Long{Run Stability
This paper applies conventional tests (Johansen, 1995) and new tests (Chao and Phillips,1999) for cointegration to long{run money demand functions using Canadian data from 1872 to 1997. If cointegration is found, recently proposed tests by Quintos (1997) for stability of the cointegration rank are carried out. The paper focuses on two spans of data: one span starting in 1872, the other in 1957 ...
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ژورنال
عنوان ژورنال: Oxford Bulletin of Economics and Statistics
سال: 2003
ISSN: 0305-9049,1468-0084
DOI: 10.1111/j.1468-0084.2003.00066.x