Econometrics Lecture Notes
... small and relatively large when they are large (economic variables tending to move in size together). 2. In time series analysis if y and x are growing over time, then it may well happen that the variance of the disturbance term is also growing over time. ...
... small and relatively large when they are large (economic variables tending to move in size together). 2. In time series analysis if y and x are growing over time, then it may well happen that the variance of the disturbance term is also growing over time. ...
