The Journal of the Operational Research Society Vol. 36, No. 7, Jul., 1985 Quantitative Forecasting-The State of the Art: Econometric Models This is the metadata section. Skip to content viewer ...

A commonly used procedure in a wide class of empirical applications is to impute unobserved regressors, such as expectations, from an auxiliary econometric model. This two-step (T-S) procedure fails ...