Econometric tests of rationality and market efficiency
描述如何利用向量时间序列模型检验经济理论中关于变量未来理性预期的约束，重点关注非平稳性和协整概念在建模与检验中的应用。
Many economic theories give rise to restrictions between the future rational expectations of a set of variables. This paper describes how such theories can be tested from vector time series models. Particular attention is given to problems of nonstationarity and the use of the concept of cointegration in the modeling and testing procedure.