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Title:Pitfalls in cross-section studies with integrated regressors : a survey and new developments Author(s):BEKIROS, Stelios D.
; SJÖ, Bo; SWEENEY, Richard J.Date:2018Citation:
- Journal of economic surveys, 2018, Vol. 32, No. 4, pp. 1045-1073
Type:ArticleAbstract:In cross-section studies, if the dependent variable is I(0) but the regressor is I(1), the true slope must be zero in the resulting unbalanced regression. A spuriously significant relationship may be found in large ...
