Do we need time series econometrics?

B. Rao, Rup Singh and Saten Kumar

MPRA Paper from University Library of Munich, Germany

Abstract: It is argued that whether or not there is a need for unit roots and cointegration based econometric methods is a methodological issue. An alternative is the econometrics of the London School of Economics (LSE) and Hendry approach based on the simpler classical methods of estimation. This is known as the general to specific method (GETS). Like all other methodological issues this is also difficult to resolve but we think that GETS is very useful.

Keywords: GETS; Cointegration; Box-Jenkin’s Equations; Hendry; Granger (search for similar items in EconPapers)
JEL-codes: C0 C1 (search for similar items in EconPapers)
Date: 2008-01-09
New Economics Papers: this item is included in nep-ecm, nep-ets and nep-hpe
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Do we need time series econometrics? (2010)
Working Paper: Do we need time series econometrics (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:6627

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