# A Nonparametric Test for Stationarity in Continuous-Time Markov Processes

@inproceedings{Kanaya2011ANT, title={A Nonparametric Test for Stationarity in Continuous-Time Markov Processes}, author={Shin Kanaya}, year={2011} }

In this paper, we propose a new nonparametric testing procedure to examine the stationarity property of an underlying continuous-time Markov process. The stationarity is often assumed in building/estimating dynamic models in economics and
nance. However, existing statistical methods to check the stationarity typically rely on a particular parametric assumption called a unit root. The unit-root concept is well de
ned for a certain class of parametric models in discrete time settings (e.g…

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