Kapetanios, George; Papailias, Fotis - School of Economics and Finance, Queen Mary - 2011
We consider the issue of Block Bootstrap methods in processes that exhibit strong dependence. The main difficulty is to … distribution of the test statistic under consideration. The bootstrap algorithm we suggest consists of the following operations … series <i>dˆ</i> times, 3) apply the block bootstrap on the above and finally, 4) cumulate the bootstrap sample <i …