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On the power of point optimal tests of the trend stationarity hypothesis

Hwang, Jaeyoun; Schmidt, Peter - In: Economics Letters 43 (1993) 2, pp. 143-147

Persistent link: https://www.econbiz.de/10005297088

Alternative methods of detrending and the power of unit root tests

Hwang, Jaeyoun; Schmidt, Peter - In: Journal of Econometrics 71 (1996) 1-2, pp. 227-248

Persistent link: https://www.econbiz.de/10005285996

A modification of the Schmidt-Phillips unit root test

Schmidt, Peter; Lee, Junsoo - In: Economics Letters 36 (1991) 3, pp. 285-289

Persistent link: https://www.econbiz.de/10005288042

Unit Root Tests Based on Instrumental Variables Estimation.

Lee, Junsoo; Schmidt, Peter - In: International Economic Review 35 (1994) 2, pp. 449-62

This paper develops new tests of the unit root hypothesis based on instrumental variables estimation. The tests are asymptotically valid in the presence of moving average errors and they are quite accurate in finite samples. They are more powerful against stationary alternatives than other tests...

Persistent link: https://www.econbiz.de/10005400604