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Stationarity, Non Stationarity, Unit Roots and Spurious Regression

Stationarity, Non Stationarity, Unit Roots and Spurious Regression. Roger Perman Applied Econometrics Lecture 11. Stationary Time Series. Exhibits mean reversion in that it fluctuates around a constant long run mean Has a finite variance that is time invariant

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1 stationary process - PowerPoint PPT Presentation

Stationarity, Non Stationarity, Unit Roots and Spurious Regression