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Omitted Variable Tests and Dynamic Specification

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Omitted Variable Tests and Dynamic Specification Synopsis

This text deals with the omitted variable test for a multivariate time-series regression model. The empirical motivation is the homogeneity test for a consumer demand system. The consequences of using a dynamically misspecified omitted variable test are shown in detail.

About This Edition

ISBN: 9783540673583
Publication date:
Author: Björn Schmolck
Publisher: Springer an imprint of Springer Berlin Heidelberg
Format: Paperback
Pagination: 144 pages
Series: Lecture Notes in Economics and Mathematical Systems
Genres: Econometrics and economic statistics
Stochastics
Microeconomics
Probability and statistics

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