SPECIFICATION ERROR, PREDICTION BIAS AND RATIONAL EXPECTATIONS

Authors

  • Peter Kennedy

    1. Kennedy: Professor of Economics, Simon Fraser University, Burnaby, B.C., Canada, Phone 1–604-291-4516, Fax 1–604-291-5944, E-mail Kennedy@sfu.ca
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    • *I thank without implication Gertrud Fremling and John Lott, whose willingness to engage in scholarly debate on this issue went far beyond the normal courtesy.


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