Nerlove, M.; Wage, S. - In: Management Science 10 (1964) 2, pp. 207-224
The general procedure followed in the present paper is to show that, although the series generated by the Theil-Wage model [Theil, H., S. Wage. 1964. Some observations on adaptive forecasting. Management Sci. 10.] is nonstationary, there exists a simple transform of the series, in this case the...