SHORT INTEREST: BEARISH OR BULLISH?

Authors

  • Joseph J. Seneca

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    • This paper is an outgrowth of problems raised in the Econometrics Seminar, University of Pennsylvania. The author wishes to thank Professor Lawrence R. Klein for suggesting the problem and his interest in the resulting work, and Professor Phoebus J. Dhrymes and C. I. Higgins for helpful discussions concerning the theoretical estimation methodology.

  • The author is a research fellow at the Economics Research Services Unit of the University of Pennsylvania.

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