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Publicado en línea: 13 jun 2019
Páginas: 13 - 16
DOI: https://doi.org/10.2478/bile-2019-0002
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© 2019 Moawia Alghalith, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
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.