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UNIT ROOTS: A SELECTIVE REVIEW OF THE CONTRIBUTIONS OF PETER C. B. PHILLIPS

Published online by Cambridge University Press:  25 February 2014

Zhijie Xiao
Zhijie Xiao*
Affiliation:
Boston College
*
*Address correspondence to Zhijie Xiao, Department of Economics, Boston College, Chestnut Hill, MA 02467; e-mail: [email protected].
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Abstract

Peter C. B. Phillips has made fundamental contributions to unit root econometrics. This paper provides a selective review of Peter’s contribution to unit roots, with a focus on unit root asymptotics, unit root tests, and testing for stationarity against the unit root alternative. The discussion puts a relatively heavier weight on Peter’s most recent work.

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ARTICLES
Information
Econometric Theory , Volume 30 , Issue 4 , August 2014 , pp. 775 - 814
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Copyright © Cambridge University Press 2014 

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