The DOI matches its Crossref record; 30 of the 30 references it cites were found in a registry or an index.
Relationships—and the Lack Thereof—Between Economic Time Series, with Special Reference to Money and Interest Rates
Abstract
Extensions of time-series modeling procedures of Box and Jenkins [5] reveal that numerous economic variables which are generally regarded as being strongly interrelated may with equal validity, based on recent empirical evidence, be regarded as independent or only weakly related. Differences between these results and the bulk of econometric literature are attributed to the failure of the latter to satisfactorily account for autocorrelation. Due to limitations in the data, it is concluded that in many instances where economic relationships clearly do exist, econometric or other empirical means cannot reliably enable their existence to be ascertained.
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Citations
Cites
Investigating causal relations by econometric models and cross-spectral methods
Granger, C. W. J. (1969) · Econometrica · doi:10.2307/1912791 · Cited by 22,989
Time Series Analysis: Forecasting and Control
Geurts, M., Box, G. E. P., & Jenkins, G. M. (1977) · Journal of Marketing Research · doi:10.2307/3150485 · Cited by 19,186
An Analysis of Transformations
Box, G. E. P., & Cox, D. R. (1964) · Journal of the Royal Statistical Society Series B: Statistical Methodology · doi:10.1111/j.2517-6161.1964.tb00553.x · Cited by 15,052
(2012) · American Economic Review · doi:10.1257/aer.102.1.i · Cited by 8,043
Spurious regressions in econometrics
Granger, C. W. J., & Newbold, P. (1974) · Journal of Econometrics · doi:10.1016/0304-4076(74)90034-7 · Cited by 6,200
Box, G. E. P., & Pierce, D. A. (1970) · Journal of the American Statistical Association · doi:10.1080/01621459.1970.10481180 · Cited by 3,234
Self-citation(1972) · American Economic Review · Cited by 2,982
Time Series Analysis, Forecasting and Control.
Kendall, M. G., Box, G. E. P., & Jenkins, G. M. (1971) · Journal of the Royal Statistical Society. Series A (General) · doi:10.2307/2344246 · Cited by 2,771
Intervention Analysis with Applications to Economic and Environmental Problems
Box, G. E. P., & Tiao, G. C. (1975) · Journal of the American Statistical Association · doi:10.1080/01621459.1975.10480264 · Cited by 2,383
Hannan, E. J. (1970) · Wiley Series in Probability and Statistics · doi:10.1002/9780470316429 · Cited by 2,369
Cited by
Neural network forecasting for seasonal and trend time series
Zhang, G. P., & Qi, M. (2005) · European Journal of Operational Research · doi:10.1016/j.ejor.2003.08.037 · Cited by 986
A critique of cross-lagged correlation.
Rogosa, D. (1980) · Psychological Bulletin · doi:10.1037//0033-2909.88.2.245 · Cited by 666
Pierce, D. A., & Haugh, L. D. (1977) · Journal of Econometrics · doi:10.1016/0304-4076(77)90039-2 · Cited by 599
Self-citation(1982) · Journal of Economic Literature · Cited by 411
The Dynamic Relationship Between Protest and Repression
Carey, S. C. (2006) · Political Research Quarterly · doi:10.1177/106591290605900101 · Cited by 405
Metadata
- Authors
- Pierce, D. A.
- Venue
- Journal of the American Statistical Association
- Publisher
- Informa UK Limited
- Published
- 1977-03
- Volume
- 72
- Issue
- 357
- Pages
- 11-22
- ISSN
- 0162-1459 (ISSN-L)
- 1537-274X
- OpenAlex
- W1982603867
- Cited by
- 307
- References
- 30
- FWCI
- 71.18
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
