Journal of the Korean Data and Information Science Society
- 제15권2호
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- Pages.485-493
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- 2004
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- 1598-9402(pISSN)
Nonparametric Test for Money and Income Causality
초록
This paper considers the test of money and income causality. Jeong (1991, 2003) developed a nonparametric causality test based on the kernel estimation method. We apply the nonparametric test to USA data of money and income. We also compare the test results with ones of the conventional parametric test.