The latest GDP numbers came out today and many people in the blogosphere are declaring the results are consistent with their priors; I will be no different, but I hope to add to the discussion by showing that RGDP growth does not have a unit root.
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RGDP growth does not have unit root
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The latest GDP numbers came out today and many people in the blogosphere are declaring the results are consistent with their priors; I will be no different, but I hope to add to the discussion by showing that RGDP growth does not have a unit root.