alexgelas.bsky.social
Research fellow at the Institute for Advanced Study in Toulouse. Mathematics in the social sciences.
alexgelas.com
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Getting Started
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My point is that the only way time enters the picture in Model 2 is through the error terms, which are i.i.d, so this pattern shouldn’t be surprising.
(Disclaimer: I know the answer to the original question.)
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Interesting. Wouldn't you expect model 2 to (also?) have this property?