Abstract
The maximum entropy (ME) criterion is used to justify three different specifications of distributed lags. For lag distributions in several dimensions, the ME criterion yields a considerable simplification.
This article originally appeared in Economics Letters, 7 (1981), 339–342. Reprinted with the permission of Elsevier Science Publishers B.V. (North-Holland).
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References
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© 1992 Springer Science+Business Media Dordrecht
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Theil, H., Fiebig, D. (1992). A Maximum Entropy Approach to the Specification of Distributed Lags. In: Raj, B., Koerts, J. (eds) Henri Theil’s Contributions to Economics and Econometrics. Advanced Studies in Theoretical and Applied Econometrics, vol 25. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-2408-9_21
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DOI: https://doi.org/10.1007/978-94-011-2408-9_21
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