• Title of article

    Point optimal tests of the null hypothesis of cointegration

  • Author/Authors

    Jansson، نويسنده , , Michael، نويسنده ,

  • Issue Information
    دوفصلنامه با شماره پیاپی سال 2005
  • Pages
    15
  • From page
    187
  • To page
    201
  • Abstract
    This paper obtains an asymptotic Gaussian power envelope for tests of the null hypothesis of cointegration. In addition, the paper proposes a feasible point optimal cointegration test whose local asymptotic power function is found to be close to the asymptotic Gaussian power envelope.
  • Keywords
    Point optimal test , Local asymptotic power , Power envelope , Cointegration
  • Journal title
    Journal of Econometrics
  • Serial Year
    2005
  • Journal title
    Journal of Econometrics
  • Record number

    1558658