References
- Ames, E., and S. Reiter. 1961. “Distributions of Correlation Coefficients in Economic Time Series.” Journal of the American Statistical Association 56: 637–656. doi:10.1080/01621459.1961.10480650.
- Bernanke, B. S., J. Boivin, and P. Eliasz. 2005. “Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach.” The Quarterly Journal of Economics 120: 387–422.
- Franses, P. H., and E. Janssens. 2017. “Inflation in Africa, 1960-2015, Econometric Institute Report EI-2017-26, Erasmus School of Economics.” https://repub.eur.nl/pub/102219
- Granger, C. W. J., and P. Newbold. 1974. “Spurious Regressions in Econometrics.” Journal of Econometrics 2: 111–120. doi:10.1016/0304-4076(74)90034-7.
- Heij, C., D. Van Dijk, and P. J. F. Groenen. 2011. “Real-Time Macroeconomic Forecasting with Leading Indicators: An Empirical Comparison.” International Journal of Forecasting 27: 466–481. doi:10.1016/j.ijforecast.2010.04.008.
- Stock, J. H., and M. W. Watson. 1999. “Forecasting Inflation.” Journal of Monetary Economics 44: 293–335. doi:10.1016/S0304-3932(99)00027-6.
- Stock, J. H., and M. W. Watson. 2002. “Forecasting Using Principal Components from a Large Number of Predictors.” Journal of the American Statistical Association 97: 1167–1179. doi:10.1198/016214502388618960.
- Yule, G. U. 1926. “Why Do We Sometimes Get Nonsense Correlations between Time-Series? A Study in Sampling and the Nature of Time-Series.” Journal of the Royal Statistical Society A 89: 1–69. doi:10.2307/2341482.