The KPSS test with outliers

We investigate the effects of outliers on the KPSS tests. We find that for nonstationary series outliers induce spurious stationarity by lowering the power of these tests. The empirical size of these tests is also found to be sensitive to the location of the outlier. © Springer Science+Business Medi...

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Autores:
Tipo de recurso:
Fecha de publicación:
2005
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/23764
Acceso en línea:
https://doi.org/10.1007/s10614-005-9008-0
https://repository.urosario.edu.co/handle/10336/23764
Palabra clave:
KPSS test
Monte Carlo
Outliers
Power
Size
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