Fuleky, Peter - Department of Economics, University of Hawaii-Manoa - 2011
When estimating the parameters of a process, researchers can choose the reference unit of time (unit period) for their … study. Frequently, they set the unit period equal to the observation interval. However, I show that decoupling the unit … sampling frequencies. If the unit period is standardized (for example annualized) across these studies, then the parameters …
