Macro-Panels and Reality.

G. Cubadda, A.W. Hecq, F.C. Palm

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Var models with common cyclical features imply parsimonious univariate final equations, justifying the use of both time series aggregation, and homogenous panels with common factors and dynamic heterogeneity. However, conducting statistical inferences based on too restrictive models might be mis-leading.
Original languageEnglish
Pages (from-to)537-540
Number of pages4
JournalEconomics Letters
Volume99
Issue number3
DOIs
Publication statusPublished - Jul 2008

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