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A Continuous Time Econometric Model of the United Kingdom with Stochastic Trends C_FV readers will for the firstOver the last thirty years there has been extensive use of continuous time econometric methods in macroeconomic modelling. This 2007 monograph presents a continuous time macroeconometric model of the United Kingdom incorporating stochastic trends. Its development represents a major step forward in continuous time macroeconomic modelling. The book describes the model in detail and, like earlier models, it is designed in such a way as to permit a
