Rao, B. Bhaskara and Singh, Rup and Kumar, Saten (2008): Do we need time series econometrics?
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It is argued that whether or not there is a need for unit roots and cointegration based econometric methods is a methodological issue. An alternative is the econometrics of the London School of Economics (LSE) and Hendry approach based on the simpler classical methods of estimation. This is known as the general to specific method (GETS). Like all other methodological issues this is also difficult to resolve but we think that GETS is very useful.
|Item Type:||MPRA Paper|
|Original Title:||Do we need time series econometrics?|
|Keywords:||GETS, Cointegration, Box-Jenkin’s Equations, Hendry, Granger|
|Subjects:||C - Mathematical and Quantitative Methods > C0 - General
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General
|Depositing User:||B. Bhaskara Rao|
|Date Deposited:||08. Jan 2008 08:10|
|Last Modified:||12. Feb 2013 15:53|
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