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TRADITIONAL TIME SERIES ANALYSIS
CONCLUDING REMARKS AND POLICY IMPLICATIONS
1964 to December 196O to September amplitudes of troughs Bank of Ghana changing seasonal index chart data on total demand deposit component DEMAND DEPOSIT QUARTERLY dependent variables DEPOSIT QUARTERLY AVERAGE differentials for Q disturbance term dummy variables Durbin-Watson explanatory variables follows forces which operate forecasting fourth quarter Ghosh highly significant interaction model intercept term inverted matrix ISSER least squares technique MILLION TOTAL MONEY model I(b months moving seasonal index normal equations null hypothesis numerical values obtained ordinary least squares partitioned matrix peaks positive serial correlation probability level quarterly seasonal regression analysis regression coefficients regression equations regression models regression results sample period seasonal forces seasonality of money September 1964 simple model sub-periods supply and currency supply in Ghana SUPPLY QUARTERLY AVERAGE Table third quarter TOTAL MONEY DEMAND total money supply trend University of Ghana whore YEAR/MONTH