Jusélius, Katarina (ed.) - 2018
integration and cointegration of key variables and their relationships. While the latter used to be I(1), macroeconomic and … cointegration offer a variety of solutions to these problems by formulating new models, tests, and asymptotics more suitable for an … I(2) world. Several of the papers apply these cointegration techniques to a variety of empirical problems, thereby …