Re: [Gretl-devel] coint2 with exogenous variables

Den 16/11/2011 kl. 22.49 skrev Allin Cottrell: > > Sorry for the delay. I've put the working paper I mentioned at > > http://www.wfu.edu/~cottrell/tmp/coint_model.pdf Thank you for the link. Turner's article seems a bit odd to me so it is good that you object to his conclusions. Without really noting it he exercises the problems of using the unrestricted model (on data without a trend). Problems which are described in Johansens book and many other places. I wonder about the relation between the editor of the journal, the author of the preferred software package, the author of the article with the preferred critical values and the acceptance of his article.