Trending time series and macroeconomic activity: Some present and future challenges

被引：54
作者：
Phillips, PCB [1 ]
机构：
[1] Yale Univ, Cowles Fdn Res Econ, New Haven, CT 06520 USA
来源：
JOURNAL OF ECONOMETRICS | 2001年 / 100卷 / 01期
基金：
美国国家科学基金会;
关键词：
breaks; growth; policy intervention; productivity; trend mechanisms; unit roots;
D O I：
10.1016/S0304-4076(00)00048-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Some challenges for econometric research on trending time series are discussed in relation to some perceived needs of macroeconomics and macroeconomic policy making. (C) 2001 Elsevier Science S.A. All rights reserved. JEL classification: C32; C53; E10.
引用
收藏
页码：21 / 27
页数：7
相关论文
共 16 条
[1]  
DURLAUF SN, 2000, HDB ECONOMETRICS, V5
[2]   INCOME-DISTRIBUTION AND MACROECONOMICS [J].
GALOR, O ;
ZEIRA, J .
REVIEW OF ECONOMIC STUDIES, 1993, 60 (01) :35-52
[3]   STOCHASTIC IMPLICATIONS OF THE LIFE CYCLE PERMANENT INCOME HYPOTHESIS - THEORY AND EVIDENCE [J].
HALL, RE .
JOURNAL OF POLITICAL ECONOMY, 1978, 86 (06) :971-987
[4]  
KRUGMAN P, 1996, USA TODAY 1212
[5]   TARGET ZONES AND EXCHANGE-RATE DYNAMICS [J].
KRUGMAN, PR .
QUARTERLY JOURNAL OF ECONOMICS, 1991, 106 (03) :669-682
[6]  
Krugman PR, 1995, The age of Diminished Expectations
[7]  
PARK JY, 2000, IN PRESS ECONOMETRIC
[8]  
Phillips P. C. B., 1998, Cowles Foundation Discussion Paper 1180
[9]   Econometric model determination [J].
Phillips, PCB .
ECONOMETRICA, 1996, 64 (04) :763-812
[10]   New tools for understanding spurious regressions [J].
Phillips, PCB .
ECONOMETRICA, 1998, 66 (06) :1299-1325
12