Westerlund, Joakim - In: Oxford Bulletin of Economics and Statistics 77 (2015) 1, pp. 152-161
type="main" xml:id="obes12050-abs-0001" <title type="main">Abstract</title> <p>First-differencing is generally taken to imply the loss of one observation, the first, or at least that the effect of ignoring this observation is asymptotically negligible. However, this is not always true, as in the case of generalized least...</p>
