Keywords: Tracking error
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Journal Articles
Managerial Finance (2016) 42 (5): 449–471.
Published: 09 May 2016
... is more straightforward in the bivariate Engle-Granger framework. All terms of the cointegration equation are expected to be integrated of first order, except from the tracking error that has to be stationary in order for the regression output to be valid and to allow for proper statistical inference...

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