If two variable xt and yt are cointegrated then the ols, Ask an Expert

Economics

If two variable Xt and Yt are cointegrated, then the OLS estimator of the cointegrating coefficient is consistent. However, the OLS estimator has a nonnomal distribution, to have right inferences we have to use ……

a- The DOLS (Dynamic OLS) estimator with HAC standard errors.

b- The DOLS (Dynamic OLS) estimator only.

c- The OLS estimator with HAC standard errors.

d- B or C.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91867108

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