Results 251 to 260 of about 13,903 (307)

Detecting Sparse Cointegration

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We propose a two‐step procedure for detecting sparse cointegration in high‐dimensional single‐equation models. First, we employ the adaptive lasso to identify the subset of integrated covariates driving the long‐run equilibrium relationship.
Jesús Gonzalo, Jean‐Yves Pitarakis
wiley   +1 more source

Editorial Introduction to the 40th Anniversary Special Issue

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We introduce this special issue, based on the proceedings of a conference held in the Department of Economics in the University of Oxford from 7 to 9 April 2025, organised to commemorate the 40th anniversary of cointegration. Following a setting of the scene and discussion of the motivation for the conference, the papers are summarised in ...
Anindya Banerjee   +2 more
wiley   +1 more source

Shifting the reference point in environmental regulation: from polluter‐pays to beneficiaries‐compensate

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract In many environmental problems, emissions are hard to monitor and abatement costs are privately known. We study how efficient abatement nevertheless can be induced through market‐like arrangements that condition transfers on verifiable abatement rather than on measured emissions.
Jens Gudmundsson   +2 more
wiley   +1 more source

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