Revisiting UK consumers' expenditure: Cointegration, breaks and robust forecasts.
We revisit equilibrium-correction modelling of aggregate real consumers' expenditure in the UK, using Autometrics applied to the data in Davidson, Hendry, Srba and Yeo (DHSY; 1978). The many selection decisions involved in developing viable empirical models are discussed in a setting where ther...
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| Format: | Journal article |
| Language: | English |
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Taylor and Francis
2011
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