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• W2061609891 abstract "This paper addresses single-equation regression models containing both I(1) and I(2) variables, possibly with maintained deterministic components. We analyze conditions under which standard Gaussian inference can be validly conducted and the existing literature on spurious regressions for the I(1) case is extended to models with I(2) series. The analysis helps in describing how the residual-based Dickey–Fuller class of tests for noncointegration is affected when both I(1) and I(2) variables may enter the system. New critical values for this case are provided. The paper is completed by an empirical application of money demand in the UK." @default.
• W2061609891 created "2016-06-24" @default.
• W2061609891 creator A5005389838 @default.
• W2061609891 date "1994-07-01" @default.
• W2061609891 modified "2023-09-23" @default.
• W2061609891 title "The asymptotics of single-equation cointegration regressions with I(1) and I(2) variables" @default.
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• W2061609891 doi "https://doi.org/10.1016/0304-4076(93)01564-3" @default.
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