Trend reversion in real output and unemployment

Akaike, 1974, A new look at statistical model identification, IEEE Transactions on Automatic Control, 716, 10.1109/TAC.1974.1100705 Blanchard, 1986, Hysteresis and the European unemployment problem, Manuscript Box, 1970 Campbell, 1987, Are output fluctuations transitory?, Quarterly Journal of Economics, 857, 10.2307/1884285 Clark, 1987, The cyclical component of U.S. economic activity, Quarterly Journal of Economics, 797, 10.2307/1884282 Cochrane, 1986, How big is the random walk in GNP?, Manuscript Dickey, 1979, Distribution of the estimators for autoregressive time series with a unit root, Journal of the American Statistical Association, 427, 10.2307/2286348 Evans, 1986, Output and unemployment dynamics in the United States: 1950-1985, Manuscript Fuller, 1976 Harvey, 1981 Harvey, 1985, Trends and cycles in macroeconomic time series, Journal of Business and Economic Statistics, 216, 10.2307/1391592 Nelson, 1984, Pitfalls in the use of time as an explanatory variable in regression, Journal of Business and Economic Statistics, 73, 10.2307/1391356 Nelson, 1982, Trends and random walks in macroeconomic time series, Journal of Monetary Economics, 139, 10.1016/0304-3932(82)90012-5 Okun, 1962, Potential GNP: Its measurement and significance, ASA proceedings of the business and economics section Stulz, 1985, Macroeconomic time series, business cycles, and macroeconomic policies, Carnegie-Rochester Conference Series on Public Policy, 22, 9, 10.1016/0167-2231(85)90025-9 Watson, 1986, Univariate detrending methods with stochastic trends, Journal of Monetary Economics, 49, 10.1016/0304-3932(86)90054-1