All Change! The implications of non-stationarity for empirical modelling, forecasting and policy

In an age of congested transport systems, everyone knows what it is like to be stationary: stuck motionless in a traffic jam; a train standing still at a station long after the due departure time; an aircraft sitting at the departure gate several hours delayed. The same word is used in a more techni...

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Bibliographic Details
Main Authors: Hendry, D, Pretis, F
Format: Journal article
Published: Oxford Martin School 2016