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Bootstrap test for seasonal cointegrating ranks/

Seong, Byeongchan

Bootstrap test for seasonal cointegrating ranks/ created by Byeongchan Seong - Applied economics letters Volume 20, number 2 .

We consider a bootstrap algorithm for the Likelihood Ratio (LR) test of seasonal Cointegrating (CI) ranks as the extension of Swensen (2006). Through a small Monte Carlo simulation experiment, we find that the bootstrap algorithm can effectively improve size distortions of the LR test.

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Likelihood ratio test--Seasonal unit root--Seasonal cointegration

HB1.A666 APP