Castle, Jennifer; Hendry, David - Department of Economics, Oxford University - 2011
variables while retaining the relevant. In an exact specification, the theory formulation is precisely correct and can always …, breaks, non-linearity, or data contamination are checked. The most realistic case is where some aspects of the relevant DGP … procedures which allow for many relevant effects, but inadvertently omit others, yet irrelevant variables are also included in …