Do we reject rational expectations models too often?: Interpreting evidence using Nagar expansions☆
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How forecastable is consumption growth? New evidence on the Hall random walk hypothesis
1997, Applied EconomicsExact nonparametric tests of orthogonality and random walk in the presence of a drift parameter
1997, International Economic Review
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The authors wish to thank Manuel Arellano for his help. Thanks are also due to David Hendry for his encouragement and much useful advice and to members of the Econometrics Workshop at Oxford for their comments. Any remaining errors are attributable solely to the authors.
Copyright © 1987 Published by Elsevier B.V.