• Title of article

    Diagnostic test for structural change in cointegrated regression models

  • Author/Authors

    Kang، نويسنده , , Hao; Inder، نويسنده , , Brett ، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1996
  • Pages
    9
  • From page
    179
  • To page
    187
  • Abstract
    We derive the asymptotic distribution of the OLS-based CUSUM test in the context of cointegrated regression models and tabulate its critical values. It is also found that the test has non-trivial local power irrespective of the particular type of structure change.
  • Keywords
    Structural Change , cointegration , CUSUM test , Fully modified ordinary least squares
  • Journal title
    Economics Letters
  • Serial Year
    1996
  • Journal title
    Economics Letters
  • Record number

    434049