References Altug, S., 1983. “Gestion lags and the business cycle: an empirical analysis”, CarnegieMellon Working Paper, presented in The Econometric Society meeting, Stanford University, Carnegie-Mellon University, Pittsburgh, PA. Becker, G., Stigler, G., 1977. “De Gustibus Non Est Disputandum”, American Economic Review, 67, 76-90. Box, G.E.P., Jenkins, G.M., 1970. Time Series Analysis, Forecasting and Control, ed. Holden-Day, San Francisco. Box, G. E. P., Tiao, G. C., 1975. “Intervention Analysis with applications to economic and environmental problems”, Journal of American Statistical Association, 70, 70-79. Eichenbaum, M. S., Hansen L. P., Singleton, K. J., 1984. “A time series analysis of representative agent models of consumption and leisure choice under uncertainty”, mimeo, Pittsburgh, Carnegie-Mellon University. Grilli, V., Roubini, N., 1992. “Liquidity and exchange rates”, Journal of International Economics, 33, 339-352. Hansen, L. P., Sargent, T. J., 1993. “Seasonality and approximation error in rational expectations models”, Journal of Econometrics, 55, 21-55. Hansen, L. P., Singleton, K. J., 1982. “Generalized instrumental variables estimation of nonlinear rational expectations models”, Econometrica, 50 (5), 1269-1286. Hildreth, C., Knowles, G. J., 1986. “Farmers' Utility Functions”, in Bayesian Inference and Decision Techniques: Essays in Honor of Bruno de Finetti. Studies in Bayesian Econometrics and Statistics Series, 6, Amsterdam and Oxford: NorthHolland; distributed in the U.S. and Canada by Elsevier Science, New York, in Goel, P. and Zellner, A. (ed.), 291-317. Jiménez, J. A., Flores, R., 2004. “The Fit of Dynamic Equilibrium Models of Exchange Rate”, in evaluation. http://www.ucm.es/info/ecocuan/jajm . Kehoe, T., 1983. “Dynamics of the current account: theoretical and empirical analysis”, Working Paper, Harvard University, Cambridge, MA. Kydland, F. E., Prescott, E. C., 1982. “Time to Build and Aggregate Fluctuations”, Econometrica, 50, 1345-1370. Lancaster, K. J., 1966. “A new approach to consumer theory”, Journal of Political Economic, 74, 132-157. Lucas, R. E. JR, 1982. “Interest rates and currency prices in a two-country world”, Journal of Monetary Economics, 10, 335-359. Lucas, R. E. JR, 1990. “Liquidity and interest rates”, Journal of Economic Theory, 50, 237-264. MacKinnon, J., 1990. "Critical Values for Cointegration Tests", University of California at San Diego, Economics Working Paper Series 90-4, Department of Economics, UC San Diego. Mankiw, N. G., 1985. “Consumer durables and the real interest rate”, Review Economics and Statistic, 67, 353-362. Mankiw, N. G., Rotemberg, J. J., Summers, L. H., 1985. “Intertemporal substitution in macroeconomics”, Quarterly Journal Economic, 100, 225-251. Mehra, R., Prescott, E. C., 1985. “The Equity premium: a puzzle”, Journal of Monetary Economics, 15, 145-161. Miron, A. J., 1986. “Seasonal fluctuations and the life cycle-permanent income model of consumption”, Journal of Political Economy, 94, 1258-1279. Sims, C. A., 1993. “Rational expectations modelling with seasonally adjusted data”, Journal of Econometrics, 55, 9-19. Wallis, K. F., 1974. “Seasonal Adjustment and the relation between variables”, Journal of the American Statistical Association, 69, 13-32.