Exponential smoothing algorithms are very attractive for the practical world
such as in industry. When considering bivariate exponential smoothing
methods, in addition to the properties of univariate methods, ...
This study estimates cointegration models by applying the Engle-Granger (1989) two-step estimation procedure, the Phillip-Ouliaris (1990) residual-based test and Johansen’s multivariate
technique. The cointegration ...