Polynomial Regressions and Nonsense Inference
Polynomial specifications are widely used, not only in applied economics, but also in epidemiology, physics, political analysis and psychology, just to mention a few examples. In many cases, the data employed to estimate such specifications are time series that may exhibit stochastic nonstationary b...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2013-11-01
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Series: | Econometrics |
Subjects: | |
Online Access: | http://www.mdpi.com/2225-1146/1/3/236 |