Testing for moderate explosiveness

Guo, GZ; Sun, YX; Wang, SP

Guo, GZ (reprint author), Huazhong Univ Sci & Technol, Sch Econ, Luoyu Rd 1037, Wuhan 430074, Hubei, Peoples R China.

ECONOMETRICS JOURNAL, 2019; 22 (1): 73

Abstract

This paper considers a moderately explosive AR(1) process where the autoregressive root approaches unity from the right at a certain rate. We first de......

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