Model Discovery and Trygve Haavelmo's Legacy.
Trygve Haavelmo’s Probability Approach aimed to implement economic theories, but he later recognized their incompleteness. Although he did not explicitly consider model selection, we apply it when theory-relevant variables, {xt}, are retained without selection while selecting other candidate variabl...
| Main Authors: | , |
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| פורמט: | Working paper |
| שפה: | English |
| יצא לאור: |
Department of Economics (University of Oxford)
2012
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