Commodity Prices: Cyclical Weakness or Secular Decline?

The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis

Pierre Perrón · Econometrica · 1989 · 7.7K citations

Social Sciences, Economics, Econometrics +16

Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis

Eric Zivot, Donald W. K. Andrews · Journal of Business and Economic Statistics · 2002 · 5.8K citations

Social Sciences, Economics, Econometrics +16

A new approach to decomposition of economic time series into permanent and transitory components with particular attention to measurement of the ‘business cycle’

Stephen Beveridge, Charles R. Nelson · Journal of Monetary Economics · 1981 · 2.4K citations

Social Sciences, Business Economics, Economics +14

How Big Is the Random Walk in GNP?

John H. Cochrane · Journal of Political Economy · 1988 · 1.3K citations

Engineering, Demography, Forecasting +12

Pitfalls and Opportunities: What Macroeconomists Should Know about Unit Roots

John Y. Campbell, Pierre Perrón · NBER Macroeconomics Annual · 1991 · 1.3K citations · Full text

Social Sciences, Economics, Econometrics +14