Non-Stationary Time Series

Non-Stationary Time Series

Linear Trend

Yt=δ0+δ1t+εt

Nonlinear Trend(https://www.daowen.com)

Yt=δ0+δ1t+δ2t2+…+δmtm+εt

Log-linear trend

lnYt=δ0+δ1t+εt