Hendry, David F.; Pagan, Adrian R.; Sargan, J.Denis - In: Handbook of econometrics : volume 2, (pp. 1023-1100). 1984
Dynamic specification denotes the problem of appropriately matching the lag reactions of a postulated theoretical model to the autocorrelation structure of the associated observed time-series data. As such, the issue is inseparable from that of stochastic specification if the finally chosen...