A metric evaluating the correlation between a variable and its lagged values in time series analysis.
Covariance between a random variable and its lagged values in time series analysis
A sequence of autocovariances of a covariance stationary time series process as a function of the lag length.
An approach in empirical econometrics where model evaluation and selection is performed by a computerized algorithm.
Economic mechanisms that automatically adjust to counteract economic fluctuations without the need for explicit government intervention.
Automation: Production by machinery without the need for immediate human intervention.
Understanding autonomous consumption - the component of consumption that is independent of current income.
Definition and detailed analysis of autonomous investment in economics.
A comprehensive dictionary entry on the Autoregressive Moving Average (ARMA (p, q)) model utilized in time series analysis within economics.
Total cost of production divided by quantity produced, combining both average fixed cost and average variable cost.
A policy of setting prices to cover average costs, often used by government-controlled or non-profit entities.
Definition and analysis of the term "average earnings scheme," including its practical applications and relevance in economics.
