NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Low-Frequency Econometrics

Ulrich K. Müller, Mark W. Watson

NBER Working Paper No. 21564
Issued in September 2015

---- Acknowledgments ----

We thank Frank Schorfheide for his thoughtful discussion at the 2015 World Congress in Montreal. Support was provided by the National Science Foundation through grant SES-1226464. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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