Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2001-08-23
Number: 01-078/4
Author-Name: H. Peter Boswijk
Author-Email: h.p.boswijk@uva.nl
Author-Workplace-Name: University of Amsterdam
Title: Block Local to Unity and Continuous Record Asymptotics
Abstract: This paper provides a continuous record interpretation of the block local to unity asymptotics proposed recentlyby Phillips, Moon and Xiao (2001). It also demonstrates that in the case of homogeneous dynamics and a fixednumber of blocks, the new asymptotic approximation coincides with the conventional local to unity asymptoticapproximation.
File-Url: https://papers.tinbergen.nl/01078.pdf
File-Format: application/pdf
File-Size: 122287 bytes
Handle: RePEc:tin:wpaper:20010078