Structural Time-series Modelling of Mone
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CARLO C. A. WINDER
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Article
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1997
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John Wiley and Sons
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English
โ 251 KB
Monetary aggregates for eleven European countries are analysed using the structural time-series methodology, paying special attention to unit root issues. Estimation of the parameters of the models is carried out by applying the asymptotic least squares (ALS) procedure. A comparison with the maximum