SEMAINE D'ÉTUDE SUR LE ROLE DE L ANALYSE LCONOMETRIQUE ETC.
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then it follows from (2.0) that y, is determined as follows:
(3.2) V; -
- bx,+ (b+1/6)x, 1 -v. a
We consider the sum of squares of the y,’s over a period of
T years, where T represents the horizon which the decision
maker takes into account. It will prove useful to introduce a
matrix notation to handle all years simultaneously:
3.3)
then (3.2) for t=, ...,
(3.4)
! can be written in the form
Ex+s.
where
3-5)
7
Theil - pag.