The power of cointegration tests versus data frequency and time spans.

Using Monte Carlo methods, this study illustrates the potential benefits of using high frequency data series to conduct cointegration analysis. The study also provides an account of why the results are different from those reported by Hakkio and Rush (1991). The simulation results show that when the...

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Detalles Bibliográficos
Publicado en:Southern Economic Journal Vol. 67; no. 4; pp. 906 - 922
Autor principal: Zhou, Su
Formato: Artículo
Publicado: Southern Economic Association April 2001
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Acceso en línea:Ver este registro en EBSCOhost