The Answer Was There All Along: Worry About the Dynamics!

• In Event: Models for Time-varying and Dynamic Variables

Brief Overview

The spurious inference problem is a serious concern in time series analysis due to unit roots. We demonstrate that researchers can avoid unit root testing by estimating a general time series model with multiple lags of the outcome and predictor(s).

Authors

• Ali Kagalwala, Texas A & M University

• Guy D. Whitten, Texas A & M University-College Station