Xanthos, George; Gilas, Kostantinos; Tserkezos, Dikaios - In: Economics Bulletin 28 (2007) 8, pp. 0-0
This short paper demonstrates that the use of temporally aggregated data may affect the performance of the well known Akaike and Schwarz model selection criteria. These two criteria are widely used for model selection in linear and nonlinear models. Using Monte Carlo techniques, we find that...