Arbeitspapier
Decisions on Seasonal Unit Roots
Decisions on the presence of seasonal unit roots in economic time series are commonly taken on the basis of statistical hypothesis tests. Some of these tests have absence of unit roots as the null hypothesis, while others use unit roots as their null. Following a suggestion by Hylleberg (1995) to combine such tests in order to reach a clearer conclusion, we evaluate the merits of such test combinations on the basis of a Bayesian decision setup. We find that the potential gains over a pure application of the most common test due to Hylleberg et al. (1990) are small.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 286
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Kunst, Robert M.
Reutter, Michael
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2000
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kunst, Robert M.
- Reutter, Michael
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2000
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