• Expectations in export price formation tests using cointegrated VAR models 

      Boug, Pål; Cappelen, Ådne; Swensen, Anders Rygh (Discussion Papers;No. 283, Working paper, 2000)
      The formation of export prices is an area in which the linear quadratic adjustment cost (LQAC) model under rational expectations may be relevant in practice. This paper evaluates the empirical performance of the LQAC-model ...