The Relative Importance of Permanent and Transitory Components: Identi- fication and Some Theoretical Bounds
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Much macroeconometric discussion has recently emphasized the economic significance of the size of the permanent component in GNP. Consequently, a large literature has developed that tries to estimate this magnitude measured, essentially, as the spectral density of increments in GNP at frequency zero
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美国国家经济研究局创建时间：
1991-06-01
