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If Xt and Yt Are Cointegrated, Then the OLS Estimator

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If Xt and Yt are cointegrated, then the OLS estimator of the coefficient in the cointegrating regression is

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Definitions:

Sensory Memory

The shortest-term element of memory that allows individuals to retain impressions of sensory information after the original stimulus has ceased.

Long-Term Memory

A type of memory responsible for the storage of information over an extended period, ranging from a few days to decades.

Eidetic Imagery

The rare ability to recall images, sounds, or objects in memory with great precision and in seemingly photographic detail.

Sigmund Freud

Originating from Austria, he was a pioneering neurologist who established psychoanalysis as a way to treat mental health issues through dialogue with a psychoanalyst.

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