Breitung, Jörg; Swanson, Norman R. - 1998
examining the consequences of temporal aggregation in (possibly) Granger causal systems of variables. Our approach is to compare … the concept of contemporaneous correlation due to Swanson and Granger (1997) with that of Granger causality. Using … Granger causality. Monte Carlo experiments indicate that the asymptotic results provide a reliable guidance for finite samples …