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Systems of Dynamic Simultaneous Equationsextensions. So far we have assumed that all variables of a system are stochastic and they all have essentially the same status in that they are all determined within the system. In other words, the model describes the joint generation process of all the observable variables of interest. In practice烦躁的女人 发表于 2025-3-24 06:59:24
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State Space Modelssciences, and engineering. The terminology is therefore largely from these fields. The general idea behind these models is that an observed multiple time series ....., .. depends upon a possibly unobserved state .. which is driven by a stochastic process.DRAFT 发表于 2025-3-24 21:24:04
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Nonstationary Systems with Integrated and Cointegrated Variablesnonstationary processes will be considered in this chapter and other types of nonstationarities will be treated in the next chapters. We shall begin with a brief summary of important characteristics of specific unstable processes.