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Análisis de tendencias comunes y cointegración en espacio de estados

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Author Info
José Mondéjar Jiménez
Manuel Vargas Vargas

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Abstract

La detección de cointegración o la obtención de componentes comunes de tendencia ha sido abordada principalmente mediante la representación VARMA de procesos estocásticos, mientras que la representación en espacio de estados ha recibido menos atención en la literatura especializada, aunque presenta ventajas computacionales y analíticas que justifican su estudio. El trabajo se centrará en el análisis de series temporales no estacionarias representadas en espacio de estados. Se expondrá la justificación del método, los algoritmos desarrollados y una propuesta de modelización alternativa a los planteamientos ya clásicos como el contraste de cointegración de Johansen o la descomposición de Beveridge y Nelson.

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Publisher Info
Article provided by Grupo Eumed.net (Universidad de Málaga) in its journal Contribuciones a la Economía.

Volume (Year): (2006)
Issue (Month): 2006-09 (September)
Pages:
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Handle: RePEc:erv:contri:y:2006:i:2006-09:401f7efaa3e72b31e19073be20c20f6e

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Related research
Keywords: Cointegración; tendencias comunes; espacio de estados; filtro de Kalman;

Cited by:
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  1. Segismundo Izquierdo & Ces�reo Hern�ndez & Javier Pajares, 2005. "State Space Modelling of Cointegrated Systems using Subspace Algorithms," Econometrics 0509010, EconWPA, revised 07 Feb 2006. [Downloadable!]
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This page was last updated on 2009-11-9.


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