Deterministic vs. Stochastic Trend in U.S. GNP, Yet Again
收藏NBER1996-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5481
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资源简介:
A sleepy consensus has emerged that U.S. GNP data are uninformative as to whether trend is better described as deterministic or stochastic. Although the distinction is not critical in some contexts, it is important for point forecasting, because the two models imply very different long-run dynamics
提供机构:
美国国家经济研究局
创建时间:
1996-03-01



