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Polynomial Cointegration among Stationary Processes with Long Memory

Marco Avarucci, Domenico Marinucci

math.STarXiv:math/0607150

Abstract

n this paper we consider polynomial cointegrating relationships among stationary processes with long range dependence. We express the regression functions in terms of Hermite polynomials and we consider a form of spectral regression around frequency zero. For these estimates, we establish consistency by means of a more general result on continuously averaged estimates of the spectral density matrix at frequency zero

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