General-to-specific modeling: an overview and selected bibliography.
This paper discusses the econometric methodology of general-to-specific modeling, in which the modeler simplifies an initially general model that adequately characterizes the empirical evidence within his or her theoretical framework. Central aspects of this approach include the theory of reduction,...
| Main Authors: | , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
Federal Reserve Board (U.S.)
2005
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