The Making of "Estimation of Common Long-Memory Components in Cointegrated Systems"
β Scribed by Gonzalo, J.
- Book ID
- 111907721
- Publisher
- Oxford University Press
- Year
- 2010
- Tongue
- English
- Weight
- 90 KB
- Volume
- 8
- Category
- Article
- ISSN
- 1479-8409
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## ABSTRACT This paper concerns Longβterm forecasts for cointegrated processes. First, it considers the case where the parameters of the model are known. The paper analytically shows that neither cointegration nor integration constraint matters in Longβterm forecasts. It is an alternative implicati
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