MEASURING PERSISTENCE IN THE PRESENCE OF TREND BREAKS - THE CASE OF UNITED-STATES GNP

被引：2
|
作者：
PISCHKE, JS
机构：
[1] Princeton University, Princeton
来源：
ECONOMICS LETTERS | 1991年 / 36卷 / 04期
关键词：
D O I：
10.1016/0165-1765(91)90202-V
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Measures of output persistence vary between the studies of Campbell and Mankiw (1987) and Cochrane (1988) mainly because of the use of per capita versus real GNP data and annual versus quarterly observations. I show that the existence of trend breaks in both the GNP and the population series can explain the different findings for per capital and real GNP data. © 1991.
引用
收藏
页码：379 / 384
页数：6
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