Keeping up with the trend: how to deal with trends in time series analyses

• In Event: Times Series and Panel Data

Brief Overview

We show that identifying the type of trend in a variable is not straightforward and conventional solutions for dealing with trends do not produce similar results. We recommend estimating a general model, which also includes higher order trend terms.

Authors

• Ali Kagalwala, Texas A & M University

• Munroe Kim, New York University

• Leon Kockaya, Texas A&M University - College Station

• Guy D. Whitten, Texas A & M University-College Station