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Alternative Prior Representations of Smoothness for Distributed Lag Estimation

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NBER1975-06-01 更新2025-01-04 收录
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In some applications of the distributed lag model, theory requires that all lag coefficients have a positive sign. A distributed lag estimator which provides estimated coefficients with positive sign is developed here which is analogous to an earlier distributed lag estimator derived from

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1975-06-01
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