Chen, Jeff; Deng, Wende; Kemme, David - William Davidson Institute, University of Michigan - 2008
has been widely argued.
Keywords: Chinese Yuan, Exchange Rate, Misalignment, BEER, Behavioral, Cointegration, ARIMA … the cointegration test and
cointegrating regression.
3.2. Cointegration tests and the cointegrating regression
For … cointegration test is simply a unit-root test on the residuals. Once the cointegrating
relationship is verified, equation (A1.6) is …