𝔖 Bobbio Scriptorium
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Reply to the comments on ‘A vector error-correction forecasting model of the U.S. economy’

✍ Scribed by Richard G Anderson; Dennis L Hoffman; Robert H Rasche


Book ID
114130313
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
34 KB
Volume
24
Category
Article
ISSN
0164-0704

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An error correction model was fitted to monthly data on net retail gasoline prices for the U.K. and the U.S.A. over the period January 1980-June 1996 in order to examine the short-run response of gasoline prices to changes in crude oil costs and exchange rate. The hypothesis of a symmetric response