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      <record key="001" att1="001" value="LIB911142803" att2="LIB911142803">001   LIB911142803</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-74.pdf</field>
      <field key="079" subkey="z">Wagner, Martin, Bierens' and Johansen's Method - Complements or Substitutes? (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/74.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 74 (RePEc)</field>
      <field key="100" subkey="">Wagner, Martin</field>
      <field key="103" subkey="">Institute for Advanced Studies, Vienna</field>
      <field key="331" subkey="">Bierens' and Johansen's Method - Complements or Substitutes?</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">1999, October</field>
      <field key="433" subkey="">25 pp.</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 74</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Ed.) ; Ritzberger, Klaus (Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="517" subkey="c">from the Table of Contents: Introduction; A description of the methods; Results of a simulation study; An empirical example;</field>
      <field key="Con" subkey="c">lusions;</field>
      <field key="544" subkey="">IHSES 74</field>
      <field key="700" subkey="">C13</field>
      <field key="700" subkey="">C15</field>
      <field key="700" subkey="">C32</field>
      <field key="720" subkey="">Cointegration</field>
      <field key="720" subkey="">Johansen procedure</field>
      <field key="720" subkey="">Bierens method</field>
      <field key="720" subkey="">Robustness</field>
      <field key="720" subkey="">Simulation</field>
      <field key="720" subkey="">Hausdorff distance</field>
      <field key="753" subkey="">Abstract: The paper compares the cointegration methods of Johansen and Bierens by means of simulations and a real world example.</field>
      <field key="Dra" subkey="w">ing on the fact developed in a companion paper that the Johansen procedure has robustness properties against ARMA systems and</field>
      <field key="the" subkey="">Bierens procedure is designed for ARMA systems a comparison between the two to find out in which cases the Bierens procedure</field>
      <field key="out" subkey="p">erforms the Johansen procedure seems to be reasonable exercise. It turns out that generally the Johansen procedure</field>
      <field key="out" subkey="p">erforms the Bierens procedure in terms of the quality of the tests as well as the approximation quality of the estimated</field>
      <field key="coi" subkey="n">tegrating space to the true cointegrating space.;</field>
    </SEQUENTIAL>
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