• Title of article

    Testing for unit roots in the context of misspecified logarithmic random walks

  • Author/Authors

    Walter Kramer، نويسنده , , Laurie Davies، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2002
  • Pages
    7
  • From page
    313
  • To page
    319
  • Abstract
    We show both analytically and by Monte Carlo that the null distribution of the Dickey–Fuller-test is extremely non-robust to improper transformations of the data.
  • Keywords
    Unit roots , Dickey–Fuller-test , Misspecification
  • Journal title
    Economics Letters
  • Serial Year
    2002
  • Journal title
    Economics Letters
  • Record number

    434879