Kimio Morimune

We don’t have enough information about this author to calculate their statistics. If you think this is an error let us know.
Learn More
In this paper we examine the asymptotic properties of the estimator of the long-run coefficient (LRC) in a dynamic regression model with integrated regressors and serially correlated errors. We show that the OLS estimators of the regression coefficients are inconsistent but the OLS-based estimator of the LRC is superconsistent. Furthermore, we propose an(More)
  • 1