Enders, W. (2014) Applied Econometric Time Series. 4th Edition. John Wiley, New York.

has been cited by the following article:

• TITLE: How Can the Error Term Be Correlated with the Explanatory Variables on the R.H.S. of a Model?

  AUTHORS: Yunyun Lv

  KEYWORDS: Cointegration in the Longer Horizons, Simulation

  JOURNAL NAME: Theoretical Economics Letters, Vol.7 No.3, April 13, 2017

  ABSTRACT: Since macroeconomic research cannot be replicated, most studies may claim their conclusive research findings solely based on the statistical significance of the estimated coefficients. In this framework, we use a small simulation experiment to show that if variables affect the economy through different horizons, even though the error term is not correlated with both the explanatory variables on the right-hand side (R.H.S.) of a model and the dependent variable from a traditional view, the estimated coefficients can still be biased. The evidence provided by this paper may explain the refutation and controversy results in the modern research.