Unit roots in macroeconomic time series: theory, implications, and evidence
The theme of unit roots in macroeconomic time series has received a great amount of theoretical and applied research in the last two decades. This paper presents some of the main issues regarding unit root tests, explores some of the implications for macroeconomic theory and policy, and reviews the...
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| Format: | Article |
| Language: | English |
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Universidade Federal de Minas Gerais
2005-12-01
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| Series: | Nova Economia |
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| Online Access: | http://www.face.ufmg.br/novaeconomia/sumarios/v15n3/150306.pdf |