Banerjee, Anindya (contributor); … - 2008
theory be able to handle
well situations where there is a large number of error correction terms affecting each equation, or …
the fit of the equations. This matches our predictions from the theory above.
For DGP 2, where the system for the first …
cointegrating relationships there are among the four rates. From a theoretical point of view, the
expectational theory of the term …