`Weak` trends for inference and forecasting in finite samples.
This paper studies the small sample properties of processes which exhibit both a stochastic and a deterministic trend. Whereas for estimation, inference and forecasting purposes the latter asymptotically dominates the former, it is not so when only a finite number of observations is available and la...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2004
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