Projects per year
Abstract
We propose a common features approach for testing for common trends and estimating long-run relationships between variables with complex trends. Using this approach, we establish that global temperatures and the concentration of greenhouse gases share a common trend and we estimate their long-run relationship without conditioning on the exact nature of this trend.
Original language | English |
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Pages (from-to) | 240-254 |
Number of pages | 15 |
Journal | Journal of Econometrics |
Volume | 230 |
Issue number | 2 |
DOIs | |
Publication status | Published - Oct 2022 |
Keywords
- Complex trends
- Endogeneity
- Global warming
- Instrumental variables
- Testing for common trends
Projects
- 1 Active
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New methods for modelling complex trends in climate and energy time series
Anderson, H., Gao, J., Vahid-Araghi, F., Wei, W., Phillips, P. C. B., Linton, O. B. & Lunde, A.
3/08/20 → 31/12/23
Project: Research