AN ENLARGED DEFINITION OF COINTEGRATION

Authors
FLORES RG SZAFARZ A
Citation
Rg. Flores et A. Szafarz, AN ENLARGED DEFINITION OF COINTEGRATION, Economics letters, 50(2), 1996, pp. 193-195
Citations number
7
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
50
Issue
2
Year of publication
1996
Pages
193 - 195
Database
ISI
SICI code
0165-1765(1996)50:2<193:AEDOC>2.0.ZU;2-X
Abstract
A broader definition of cointegration is presented, allowing for diffe rent orders in the original process. As a result, different cointegrat ion vectors may be generated from a given one. However, if the cointeg rated process is stationary, then the standard ideas and methods may s till apply.