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KitKat29 KitKat29
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6 years ago
The DOLS estimator has the following property if Xt and Yt are cointegrated:
 
  A) it is BLUE even in small samples.
  B) it is efficient in large samples.
  C) it has a standard normal distribution when homoskedasticity-only standard errors are used.
  D) it has a non-normal distribution in large samples when HAC standard errors are used.
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jfnfjfnf
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