Maximum Likelihood 'Confirmatory' Factor Analysis of Economic Time Series
- Blackwell Publishing Limited
- Publication Type:
- Journal Article
- International Economic Review, 1981, 22 (1), pp. 37 - 54
- Issue Date:
Explains the theory of identification, estimation and inference in the dynamic confirmatory factor model for the economic time series. Derivation of the frequency domain representation of the model; Illustration of the nature of the identification problem for the dynamic confirmatory model; Dynamic confirmatory model of the business cycle motivated by Lucas theory of aggregate activity.
Please use this identifier to cite or link to this item: