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procedure: statistical methods and methods based on economic theory. The latter include a new procedure which is based on the P …. Statistical core inflation rates perform relatively well, while core rates based on economic theory suffer, in particular, from a … der Basis der ökonomischen Theorie. Im Rahmen der letzteren wird auch ein neues Verfahren vorgestellt, das auf dem P …
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procedure: statistical methods and methods based on economic theory. The latter include a new procedure which is based on the P …. Statistical core inflation rates perform relatively well, while core rates based on economic theory suffer, in particular, from a …
Persistent link: https://www.econbiz.de/10001503208
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This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...
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