Rejoinder: A Note on Wavelet Correlation and Cointegration
3 Pages Posted: 24 Jul 2014
Date Written: July 23, 2014
This rejoinder highlights some of the differences in the test approach adopted by Fernandez-Macho (2013) in his critique of Leong and Huang (2010) and those commonly found in the literature such as Granger and Newbold(1974), Phillips (1986) and Leong and Huang (2010).
Keywords: Wavelet; Cointegration; Time Series
JEL Classification: C12, C19, C22
Suggested Citation: Suggested Citation