Some challenges for econometric research on trending time are discussed in relation to some perceived needs of macroeconomics and macroeconomic policy making.Breaks, growth, policy intervention, production, trend mechanisms, unit roots

Peter C.B. Phillips

English

Research Papers in Economics

 
 
 
COWLES FOUNDATION FOR RESEARCH IN ECONOMICS 
AT YALE UNIVERSITY 
 
Box 2125, Yale Station 
New Haven, Connecticut 06520 
 
 
 
 
COWLES FOUNDATION DISCUSSION PAPER NO. 1264 
 
 
 
Note: Cowles Foundation Discussion Papers are preliminary materials 
circulated to stimulate discussion and critical comment.   
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protect the tentative character of these papers. 
 
 
 
 
 
TRENDING TIME SERIES AND MACROECONOMIC ACTIVITY: 
SOME PRESENT AND FUTURE CHALLENGES 
 
Peter C. B. Phillips 
 
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Trending Time Series and Macroeconomic Activity: Some Present and Future Challenges

http://cowles.econ.yale.edu/P/cd/d12b/d1264.pdf

Trending Time Series and Macroeconomic Activity: Some Present and Future Challenges

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