<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></abstract>

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.

A simple solution to the specification error

Biometrical Letters

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"A simple solution to the specification error"}

We develop a simple method that completely eliminates the specification error and spurious relationships in regression. Furthermore, we introduce a stronger...

A simple solution to the specification error

Published Online: Jun 13, 2019

Page range: 13 - 16

DOI: https://doi.org/10.2478/bile-2019-0002

Keywords
spurious regression, causality, specification error, oil price

© 2019 Moawia Alghalith, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

A simple solution to the specification error

Published Online: Jun 13, 2019

Page range: 13 - 16

DOI: https://doi.org/10.2478/bile-2019-0002

Keywordsspurious regression, causality, specification error, oil price

© 2019 Moawia Alghalith, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
spurious regression, causality, specification error, oil price