Explain what is meant by the statement that a series is integrated of order one or I(1).

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Explain what is meant by the statement that a series is "integrated of order one" or I(1).

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Principles Of Econometrics

ISBN: 9781118452271

5th Edition

Authors: R Carter Hill, William E Griffiths, Guay C Lim

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Question Posted: Apr 02, 2024 02:00 AM

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Explain what is meant by the statement that a series is integrated of order one or I(1).

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In time series analysis the term integrated of order one abbreviated as I1 refers to a specific prop...View the full answer

Principles Of Econometrics

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