TY - JOUR
T1 - A method for estimating the timing interval in a linear econometric model, with an application to Taylor's model of staggered contracts
AU - Christiano, Lawrence J.
PY - 1985/12
Y1 - 1985/12
N2 - This paper describes and implements a procedure for estimating the timing interval in any linear econometric model. The procedure is applied to Taylor's model of staggered contracts using annual averaged price and output data. The fit of the version of Taylor's model with serially uncorrelated disturbances improves as the timing interval of the model is reduced.
AB - This paper describes and implements a procedure for estimating the timing interval in any linear econometric model. The procedure is applied to Taylor's model of staggered contracts using annual averaged price and output data. The fit of the version of Taylor's model with serially uncorrelated disturbances improves as the timing interval of the model is reduced.
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U2 - 10.1016/0165-1889(85)90012-0
DO - 10.1016/0165-1889(85)90012-0
M3 - Article
AN - SCOPUS:0010028981
SN - 0165-1889
VL - 9
SP - 363
EP - 404
JO - Journal of Economic Dynamics and Control
JF - Journal of Economic Dynamics and Control
IS - 4
ER -