## ABSTRACT This paper focuses on the contemporaneous aggregation of moving average processes. It is shown that aggregating across second (or first)βorder (integrated) moving average processes leads to a macro process whose parameters are exact functions of the parameters of its generation process.
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area
β Scribed by Frank Smets; Raf Wouters
- Book ID
- 110730361
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 250 KB
- Volume
- 42
- Category
- Article
- ISSN
- 0021-9886
No coin nor oath required. For personal study only.
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