Search Results - subject:"Spurious regressions"

A simple diagnostic for time-series and panel-data regressions

Crump, Richard K.; Gospodinov, Nikolaj; Lopez Gaffney, … - 2024

We introduce a new regression diagnostic, tailored to time-series and panel-data regressions, which characterizes the sensitivity of the OLS estimate to distinct time-series variation at different frequencies. The diagnostic is built on the novel result that the eigenvectors of a random walk...

Persistent link: https://www.econbiz.de/10015189256

A simple diagnostic for time-series and panel-data regressions

Crump, Richard K.; Gospodinov, Nikolaj; Lopez Gaffney, … - 2024

Persistent link: https://www.econbiz.de/10015084320

Spurious Regressions and Near-Multicollinearity, with an Application to Aid, Policies and Growth

Chatelain, Jean-Bernard; Ralf, Kirsten - Volkswirtschaftliche Fakultät, … - 2012

In multiple regressions, explanatory variables with simple correlation coefficients with the dependent variable below 0.1 in absolute value (such as aid with economic growth) may have very large and statistically significant estimated parameters which are unfortunately �"outliers driven" and...

Persistent link: https://www.econbiz.de/10011261030

Spurious Regressions and Near-Multicollinearity, with an Application to Aid, Policies and Growth

Chatelain, Jean-Bernard; Ralf, Kirsten - HAL - 2012

Explanatory variables with simple correlation coefficients with the dependent variable below 0.1 in absolute value (such as aid with economic growth) may have very large and statistically significant estimated parameters in multiple regressions, which are unifortunately "outliers driven" or...

Persistent link: https://www.econbiz.de/10011025853

Spurious Regressions and Near-Multicollinearity, with an Application to Aid, Policies and Growth.

Chatelain, Jean-Bernard; Ralf, Kirsten - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2012

Persistent link: https://www.econbiz.de/10010593070

Can statistics do without artefacts?

Chatelain, Jean-Bernard - Volkswirtschaftliche Fakultät, … - 2010

This companion paper to Chatelain and Ralf (2012), “Spurious regressions with near-multicollinearity” put their results … correlated with each other. In these spurious regressions, the parameters measuring the size of the effect on the dependent … of statistically significant results is one reason why spurious regressions are so numerous, especially since it is easy …

Persistent link: https://www.econbiz.de/10011261074

Can Statistics Do without Artefacts?

Chatelain, Jean-Bernard - HAL - 2010

spurious regressions, the parameters measuring the size of the effect on the dependent variable are very large. They can be … one reason why spurious regressions are so numerous, especially since it is easy to build them with variables that are …

Persistent link: https://www.econbiz.de/10011026177

Environmental Kuznets Curves for carbon emissions: A critical survey

Aslanidis, Nektarios - 2009

literature. We discuss issues related to the functional form, heterogeneity, spurious regressions and spatial dependence to …

Persistent link: https://www.econbiz.de/10010279599

Environmental Kuznets Curves for Carbon Emissions: A Critical Survey

Aslanidis, Nektarios - Fondazione ENI Enrico Mattei (FEEM) - 2009

literature. We discuss issues related to the functional form, heterogeneity, “spurious” regressions and spatial dependence to …

Persistent link: https://www.econbiz.de/10004987241

Spurious Regressions with Stationary Series

Granger, Clive W.J.; Hyung, Namwon; Jeon, Yongil - Department of Economics, University of California-San … - 1998

A spurious regression occurs when a pair of independent series, but with strong temporal properties, are found apparently to be related according to standard inference in an OLS regression. Although this is well known to occur with pairs of independent unit root processes, this paper finds...

Persistent link: https://www.econbiz.de/10010536346