{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,10,1]],"date-time":"2026-10-01T13:42:19Z","timestamp":1790862139262,"version":"4.1.0"},"reference-count":24,"publisher":"Cambridge University Press (CUP)","issue":"4","license":[{"start":{"date-parts":[[2009,2,11]],"date-time":"2009-02-11T00:00:00Z","timestamp":1234310400000},"content-version":"unspecified","delay-in-days":4943,"URL":"https:\/\/www.cambridge.org\/core\/terms"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Econom. Theory"],"published-print":{"date-parts":[[1995,8]]},"abstract":"<jats:p>A quasi-maximum likelihood estimator of the break date is analyzed. Consistency of the estimator is demonstrated under very general conditions, provided that the data-generating process is not integrated. However, the asymptotic distribution of the estimator is quite different for time series that are integrated of order one. In that case, when there is no break, the analyst can be spuriously led to the estimation of a break near the middle of the time series.<\/jats:p>","DOI":"10.1017\/s0266466600009713","type":"journal-article","created":{"date-parts":[[2009,3,10]],"date-time":"2009-03-10T15:39:43Z","timestamp":1236699583000},"page":"736-749","source":"Crossref","is-referenced-by-count":59,"title":["Spurious Break"],"prefix":"10.1017","volume":"11","author":[{"given":"Luis C.","family":"Nunes","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Chung-Ming","family":"Kuan","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Paul","family":"Newbold","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"56","published-online":{"date-parts":[[2009,2,11]]},"reference":[{"key":"S0266466600009713_ref022","doi-asserted-by":"publisher","DOI":"10.1017\/S0266466600012032"},{"key":"S0266466600009713_ref019","doi-asserted-by":"publisher","DOI":"10.2307\/2951597"},{"key":"S0266466600009713_ref016","volume-title":"A Test for Changes in a Polynomial Trend Function for a Dynamic Time Series","author":"Perron","year":"1991"},{"key":"S0266466600009713_ref011","doi-asserted-by":"publisher","DOI":"10.1093\/biomet\/74.1.71"},{"key":"S0266466600009713_ref014","doi-asserted-by":"publisher","DOI":"10.1017\/S0266466600013402"},{"key":"S0266466600009713_ref010","doi-asserted-by":"publisher","DOI":"10.1093\/biomet\/57.1.1"},{"key":"S0266466600009713_ref021","doi-asserted-by":"publisher","DOI":"10.1016\/0304-4076(83)90064-7"},{"key":"S0266466600009713_ref013","first-page":"375","volume-title":"Handbook of Statistics","volume":"7","author":"Krishnaiah","year":"1988"},{"key":"S0266466600009713_ref015","doi-asserted-by":"publisher","DOI":"10.2307\/1913712"},{"key":"S0266466600009713_ref007","doi-asserted-by":"publisher","DOI":"10.1016\/0304-4076(74)90034-7"},{"key":"S0266466600009713_ref020","doi-asserted-by":"publisher","DOI":"10.1016\/0304-4076(89)90087-0"},{"key":"S0266466600009713_ref018","doi-asserted-by":"publisher","DOI":"10.1093\/biomet\/75.2.335"},{"key":"S0266466600009713_ref003","doi-asserted-by":"publisher","DOI":"10.1111\/j.1467-9892.1994.tb00204.x"},{"key":"S0266466600009713_ref017","doi-asserted-by":"publisher","DOI":"10.1016\/0304-4076(86)90001-1"},{"key":"S0266466600009713_ref009","doi-asserted-by":"publisher","DOI":"10.1007\/978-3-662-06824-3_8"},{"key":"S0266466600009713_ref005","doi-asserted-by":"crossref","first-page":"289","DOI":"10.1080\/07350015.1992.10509906","article-title":"A direct test for changing trend","volume":"10","author":"Chu","year":"1992","journal-title":"Journal of Business and Economic Statistics"},{"key":"S0266466600009713_ref012","doi-asserted-by":"publisher","DOI":"10.2307\/1913102"},{"key":"S0266466600009713_ref023","doi-asserted-by":"publisher","DOI":"10.1214\/aos\/1176350509"},{"key":"S0266466600009713_ref001","doi-asserted-by":"publisher","DOI":"10.2307\/2951764"},{"key":"S0266466600009713_ref002","volume-title":"Stochastic Differential Equations: Theory and Applications","author":"Arnold","year":"1974"},{"key":"S0266466600009713_ref004","doi-asserted-by":"crossref","first-page":"149","DOI":"10.1111\/j.2517-6161.1975.tb01532.x","article-title":"Techniques for testing the constancy of regression relationships over time","volume":"37","author":"Brown","year":"1975","journal-title":"Journal of the Royal Statistical Society, Series B"},{"key":"S0266466600009713_ref024","doi-asserted-by":"publisher","DOI":"10.1016\/B978-0-12-589320-6.50016-2"},{"key":"S0266466600009713_ref008","first-page":"368","article-title":"A test for a change point in a parametric model based on a maximal Waldtype statistic","volume":"49","author":"Hawkins","year":"1987","journal-title":"Sankhya\u00af"},{"key":"S0266466600009713_ref006","doi-asserted-by":"publisher","DOI":"10.2307\/1913101"}],"container-title":["Econometric Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.cambridge.org\/core\/services\/aop-cambridge-core\/content\/view\/S0266466600009713","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,2,8]],"date-time":"2025-02-08T05:45:48Z","timestamp":1738993548000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.cambridge.org\/core\/product\/identifier\/S0266466600009713\/type\/journal_article"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[1995,8]]},"references-count":24,"journal-issue":{"issue":"4","published-print":{"date-parts":[[1995,8]]}},"alternative-id":["S0266466600009713"],"URL":"https:\/\/doi.org\/10.1017\/s0266466600009713","relation":{},"ISSN":["0266-4666","1469-4360"],"issn-type":[{"value":"0266-4666","type":"print"},{"value":"1469-4360","type":"electronic"}],"subject":[],"published":{"date-parts":[[1995,8]]}}}