منابع مشابه
Demand Systems with Nonstationary Prices
Relative prices are nonstationary and standard root-T inference is invalid for demand systems. But demand systems are nonlinear functions of relative prices, and standard methods for dealing with nonstationarity in linear models cannot be used. Demand system residuals are also frequently found to be highly persistent, further complicating estimation and inference. We propose a variant of the tr...
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ژورنال
عنوان ژورنال: Review of Economics and Statistics
سال: 2005
ISSN: 0034-6535,1530-9142
DOI: 10.1162/0034653054638283