Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10001437350
Persistent link: https://www.econbiz.de/10001607064
Persistent link: https://www.econbiz.de/10001624477
Persistent link: https://www.econbiz.de/10001522145
Persistent link: https://www.econbiz.de/10001710472
Persistent link: https://www.econbiz.de/10001646353
Persistent link: https://www.econbiz.de/10001965291
We investigate the power and size performance of unit root tests when the true data generating process undergoes Markov regime-switching. All tests, including those robust to a single break in trend growth rate, have very low power against a process with a Markov-switching trend growth rate as...
Persistent link: https://www.econbiz.de/10014143119
Persistent link: https://www.econbiz.de/10000760001
Persistent link: https://www.econbiz.de/10010351545