Timeline for Why does adding a time index variable help with a trend in errors?
Current License: CC BY-SA 3.0
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Jan 11, 2016 at 9:00 | comment | added | Olivier Hubert | To add on your answer, adding a time trend does not increase the economic interpretation: it simply is that an monotonically increasing vector captures part of the variation. But how do we intepret that ? That is a question that is not addressed here. In essence, it is simply detrending the data prior to analysis. | |
Jan 11, 2016 at 4:31 | history | edited | one_observation | CC BY-SA 3.0 |
added 41 characters in body
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Jan 11, 2016 at 4:20 | history | answered | one_observation | CC BY-SA 3.0 |