Inappropriate use of seasonal dummies in regression *
نویسنده
چکیده
The underlying assumption for using seasonal dummies in a regression is that the seasonality of the dependent variable is deterministic. Many economic variables show a regular seasonal pattern, with peaks occuring in the same season year after year. Such a regular seasonal pattern can also be a result of an integrated stochastic process. This paper examines some consequences of deterministic modelling of seasonally integrated series.
منابع مشابه
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