Explain why most economic time-series data show positive autocorrelation.

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Essentials Of Econometrics

ISBN: 9781071850398

5th Edition

Authors: Damodar N. Gujarati

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Question Posted: Mar 03, 2023 11:09 PM

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Explain why most economic time-series data show positive autocorrelation.

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Most economic timeseries data show positive autocorrelation due to inertia or sluggishness Thus ...View the full answer

Essentials Of Econometrics

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