Biometrical Letters

ISSN:1896-3811

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Volume (56) Number 1 pp. 13-16

Moawia Alghalith 1

1Economics Dept, UWI, St Augustine, Trinidad and Tobago

A simple solution to the specification error

Summary

We develop a simple method that completely eliminates the specification error and spurious relationships in regression. Furthermore, we introduce a stronger test of causality. We apply our method to oil prices.

Keywords: spurious regression, causality, specification error, oil price
https://content.sciendo.com/downloadpdf/journals/bile/56/1/article-p13.pdf Full text available in Adobe Acrobat format

DOI: 10.2478/bile-2019-0002

For citation:

MLA Alghalith, Moawia. "A simple solution to the specification error." Biometrical Letters 56.1 (2019): 13-16. DOI: 10.2478/bile-2019-0002
APA Alghalith, M. (2019). A simple solution to the specification error. Biometrical Letters 56(1), 13-16 DOI: 10.2478/bile-2019-0002
ISO 690 ALGHALITH, Moawia. A simple solution to the specification error. Biometrical Letters, 2019, 56.1: 13-16. DOI: 10.2478/bile-2019-0002