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Persistent link: https://www.econbiz.de/10005299769
The argument that is put forward in this paper is that failure to represent stochastic trend and stochastic seasonality in an AIDS model leads to a misspecified and possibly structurally unstable model. This proposition is verified by estimating an AIDS model of the demand for alcoholic...
Persistent link: https://www.econbiz.de/10005823722
Persistent link: https://www.econbiz.de/10005135578