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

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

Бусад хувилбаруудыг харуулах (1)

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...

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Номзүйн дэлгэрэнгүй
Үндсэн зохиолчид:	Ermini, L, Hendry, D
Формат:	Journal article
Хэл сонгох:	English
Хэвлэсэн:	Blackwell Publishing 2008

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