SEMAINE D’ETUDE SUR LE ROLE DE L ANALYSE ECONOMETRIQUE ETC. 745
The General Case of a Dynamic Process
The generalization of these different results follows imme-
diately. In the case of a non-stationary process and assuming
k-order homogeneity, we have
Jd.
'117-"
>,
where Rc represents the change in Re when ¢ changes by &¢.
Naturally, taking into account equation (111-6) it is further
possible to write
- 7
117-19)
St1-0) ¢ (t-0)
-0
mp
1-0)¢
Au) a
t-60
Jd ou
This is the fundamental relation from which the different
real values in the present paper are derived.
Allais - pag. 4¢