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In this paper the U.S. gasoline demand from 1976 to 2008 is estimated using a time-varying cointegrating regression.
The empirical size and power properties of the Johansen vector autoregression based trace test for cointegration are considered in the case where the data is generated by a sequence of vector moving a...
Standard inference in cointegrating models is fragile because it relies on an assumption of an I (1) model for the common stochastic trends, which may not accurately describe the dataís persistence. T...
Many economic models imply that ratios, simple differences, or "spreads" of variables are I(O). In these models, cointegrating vectors are composed of l's, O's, and - l's and ...

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