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Persistent link: https://www.econbiz.de/10009579327
The classical Chow test for structural instability requires strictly exogenous regressors and a break-point specified in advance. In this paper, we consider two generalisations, the one-step recursive Chow test (based on the sequence of studentised recursive residuals) and its supremum...
Persistent link: https://www.econbiz.de/10011290697