Clearly explain in detail why logarithmic and dummy variables are regularly used in Time series Econometrics

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Applied Linear Algebra

ISBN: 978-0131473829

1st edition

Authors: Peter J. Olver, Cheri Shakiban

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Posted Date: Jan 06, 2024 07:52 AM

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Clearly explain in detail why logarithmic and dummy variables are regularly used in Time series Econometrics

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Logarithmic Variables in Time Series Econometrics 1 Normalization of Variances Logarithmic transformation is often used to stabilize variances in time ... View the full answer

Applied Linear Algebra

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