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Long-Run Relationship between Consumption and Income in Japan: Tests of the Deterministic Cointegration Restriction

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  • Okubo, Masakatsu
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    Article provided by Elsevier in its journal Journal of the Japanese and International Economies.

    Volume (Year): 16 (2002)
    Issue (Month): 2 (June)
    Pages: 253-278

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    Handle: RePEc:eee:jjieco:v:16:y:2002:i:2:p:253-278

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    Web page: http://www.elsevier.com/locate/inca/622903

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    20. Phillips, Peter C B & Hansen, Bruce E, 1990. "Statistical Inference in Instrumental Variables Regression with I(1) Processes," Review of Economic Studies, Wiley Blackwell, vol. 57(1), pages 99-125, January.
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    33. Masao Ogaki, 1993. "Unit Roots in Macroeconometrics: A Survey," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 11(2), pages 131-154, December.
    34. Han, Hsiang-Ling & Ogaki, Masao, 1997. "Consumption, income and cointegration," International Review of Economics & Finance, Elsevier, vol. 6(2), pages 107-117.
    35. Cochrane, John H. & Sbordone, Argia M., 1988. "Multivariate estimates of the permanent components of GNP and stock prices," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 255-296.
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