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Break-Point Date Estimation for Nonstationary Autoregressive and Predictive Regression Models

Christis Katsouris

arXiv 26 Aug 2023 · Econometrics

arXiv:2308.13915 · PDF · DOI · OpenAlex · Extracted main text

Abstract

In this article, we study the statistical and asymptotic properties of break-point estimators in nonstationary autoregressive and predictive regression models for testing the presence of a single structural break at an unknown location in the full sample. Moreover, we investigate aspects such as how the persistence properties of covariates and the location of the break-point affects the limiting distribution of the proposed break-point estimators.

Citation extraction

77
references
139
in-text mentions
80
distinct cited
5
self-citations
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main-text words

appendix boundary found by appendix_titled_section at “Appendix” · 81% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Pang, T., Du, L., and Chong, T. T.-L (2021) Estimating multiple breaks in nonstationary autoregressive models1.000133100%
2Kostakis, A., Magdalinos, T., and Stamatogiannis, M. P (2015) Robust econometric inference for stock return predictability1.00063100%
3Katsouris, C (2023) Predictability tests robust against parameter instability self0.87472100%
4Katsouris, C (2023) Testing for structural change under nonstationarity self0.87452100%
5Kejriwal, M., Yu, X., and Perron, P (2020) Bootstrap procedures for detecting multiple persistence shifts in heteroskedastic time series0.8115280%
6Casini, A. and Perron, P (2022) Generalized laplace inference in multiple change-points models0.69361100%
7Phillips, P. C. and Magdalinos, T (2009) Econometric inference in the vicinity of unity0.69351100%
8Chong, T. T.-L (2001) Structural change in ar (1) models0.64441100%
9Duffy, J. A. and Kasparis, I (2021) Estimation and inference in the presence of fractional d= 1/2 and weakly nonstationary processes0.64422100%
10Ling, S (2007) Testing for change points in time series models and limiting theorems for ned sequences0.64422100%

Showing the top 10 of 80 scored citations.