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- Sat Jul 16, 2011 1:38 am
- Forum: Estimation
- Topic: How to perform the Horvath and Watson procedure
- Replies: 0
- Views: 1840
How to perform the Horvath and Watson procedure
Hi I am trying to perform the PPP hypothesis test based on cointegration techniques. I have already known how to use the Johansen procedure to test the cointegration. However, since I would like to use the Horvath and Watson procedure (1995) which tests the cointegration after imposing the unitary e...