Abstract
The authors briefly review the literature associated with the autocorrelated current effects model and present a simple procedure that recovers its parameters from time-aggregated data when the level of aggregation is known. The procedure is based partly on the estimation of a first-order autocorrelation coefficient. The procedure is illustrated and its properties are compared with those of a GLS procedure by means of a Monte Carlo experiment. In many of the tested cases, there is good recovery of the microparameters with aggregated data.
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