Midlands State University Library

Lasso-type GMM estimator

Lasso-type GMM estimator created by Mehmet Caner - Econometric theory Volume 25, number 1 .

In this paper we analyze bootstrap procedures for systems cointegration tests with a prior adjustment for deterministic terms suggested by Saikkonen et al. (2006, Econometric Theory 22, 15–68) and Saikkonen and Lütkepohl (2000, Journal of Time Series Analysis 21, 435–456). The asymptotic properties of the bootstrap test procedures are derived, and their small-sample properties are studied. The simulation study also considers the standard asymptotic test versions and the Johansen cointegration test for comparison.

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Method of moments

HB139.T52 ECO