Karapanagiotidis, Paul - Volkswirtschaftliche Fakultät, … - 2014
of order (r, s). Estimating the mixed causal/noncausal model with leptokurtic errors, by an approximated maximum … estimated unconditional distributions of both the purely causal and mixed models also suggest that the mixed causal/noncausal … model is more representative of the data according to the Kullback-Leibler measure. Moreover, these estimation results …