{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2024,9,15]],"date-time":"2024-09-15T18:44:13Z","timestamp":1726425853459},"reference-count":0,"publisher":"Cambridge University Press (CUP)","issue":"4","license":[{"start":{"date-parts":[[1999,8,1]],"date-time":"1999-08-01T00:00:00Z","timestamp":933465600000},"content-version":"unspecified","delay-in-days":0,"URL":"https:\/\/www.cambridge.org\/core\/terms"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Econom. Theory"],"published-print":{"date-parts":[[1999,8]]},"abstract":"<jats:p>This paper considers spurious regression between \nintegrated processes with stable errors. Our results show \nthat the <jats:italic>t<\/jats:italic>-ratios diverge at the rate of \u221aT, \nwhich is identical to what Phillips (1986, <jats:italic>Journal of \nEconometrics<\/jats:italic> 33, 311\u2013340) has obtained for the \nGaussian case. Therefore, it is the long memory in the \ndependent variable and regressors, instead of the moment \nconditions of the error terms, that causes the spurious \nregression.<\/jats:p>","DOI":"10.1017\/s0266466699154069","type":"journal-article","created":{"date-parts":[[2002,7,27]],"date-time":"2002-07-27T13:45:46Z","timestamp":1027777546000},"page":"622-628","source":"Crossref","is-referenced-by-count":5,"title":["SPURIOUS REGRESSION BETWEEN <i>I<\/i>(1) PROCESSES WITH \nINFINITE VARIANCE ERRORS"],"prefix":"10.1017","volume":"15","author":[{"given":"Wen-Jen","family":"Tsay","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"56","published-online":{"date-parts":[[1999,8,1]]},"container-title":["Econometric Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.cambridge.org\/core\/services\/aop-cambridge-core\/content\/view\/S0266466699154069","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,9,2]],"date-time":"2019-09-02T16:16:39Z","timestamp":1567440999000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.cambridge.org\/core\/product\/identifier\/S0266466699154069\/type\/journal_article"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[1999,8]]},"references-count":0,"journal-issue":{"issue":"4","published-print":{"date-parts":[[1999,8]]}},"alternative-id":["S0266466699154069"],"URL":"https:\/\/doi.org\/10.1017\/s0266466699154069","relation":{},"ISSN":["0266-4666","1469-4360"],"issn-type":[{"type":"print","value":"0266-4666"},{"type":"electronic","value":"1469-4360"}],"subject":[],"published":{"date-parts":[[1999,8]]}}}