Log Income vs. Linear Income: An Application of the Encompassing Principle.

Log Income vs. Linear Income: An Application of the Encompassing Principle.

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An open question in empirical economics is whether models should be estimated by using the actual, or linear, values of economic variables or their logarithms. This paper applies the principle of encompassing to suggest specification and mis-specification tests of log vs. linear individual equations...

書誌詳細
主要な著者:	Ermini, L, Hendry, D
フォーマット:	Journal article
言語:	English
出版事項:	Blackwell Publishing 2008

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