Challenges of trending time series econometrics
نویسندگان
چکیده
منابع مشابه
Challenges of trending time series econometrics
We discuss some challenges presented by trending data in time series econometrics. To the empirical economist there is little guidance from theory about the source of trend behavior and even less guidance about practical formulations. Moreover, recent proximity theorems reveal that trends are more elusive to model empirically than stationary processes, with the upshot that optimal forecasts are...
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ژورنال
عنوان ژورنال: Mathematics and Computers in Simulation
سال: 2005
ISSN: 0378-4754
DOI: 10.1016/j.matcom.2005.02.010