Bootstrapping autoregressions with conditional heteroskedasticity of unknown form.

Conditional heteroskedasticity is an important feature of many macroeconomic and financial time series. Standard residual-based bootstrap procedures for dynamic regression models treat the regression error as i.i.d. These procedures are invalid in the presence of conditional heteroskedasticity. We e...

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Detalles Bibliográficos
Publicado en:Journal of Econometrics Vol. 123; no. 1; pp. 89 - 121
Autores principales: Gonçalves, Sílvia, Kilian, Lutz
Formato: Artículo
Publicado: Elsevier Science November 2004
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Acceso en línea:Ver este registro en EBSCOhost