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Starting from a day-to-day model on hotel specific guest nights we obtain an integer-valued moving average model by cross-sectional and temporal aggregation. The two parameters of the aggregate model reflect the daily mean check-in and the daily check-out probability. Letting the parameters be...
Persistent link: https://www.econbiz.de/10005207274
This short paper proposes a simultaneous equations model formulation for time series of count data. Some of the basic moment properties of the model are obtained. The inclusion of real valued exogenous variables is suggested to be through the parameters of the model. Some remarks on the...
Persistent link: https://www.econbiz.de/10010729200
without simultaneity. The paper also contains a brief discussion about estimation issues. …
Persistent link: https://www.econbiz.de/10010764696