Pantelidis, Theologos - In: Economics and Business Letters 4 (2015) 1, pp. 17-29
This paper provides useful guidelines to practitioners who investigate causality-in-mean and/or causality-in-variance within a system of more than two variables by means of the two-step procedure proposed by Cheung and Ng (Journal of Econometrics, 1996) and modified by Hong (Journal of...