Al-Sadoon, Majid M. - Department of Economics and Business, Universitat … - 2013
This paper extends multivariate Granger causality to take into account the subspaces along which Granger causality … occurs as well as long run Granger causality. The properties of these new notions of Granger causality, along with the … subspace, (iii) controllability is a special case of Granger causality, and finally (iv) linear rational expectations entail …