Candelon, Bertrand; Gil-Alaña, Luis A. - Sonderforschungsbereich 373, Quantifikation und … - 2001
integration as well as by the other short run components of the series. Then, we model the real GDP in France, the UK and the US … type of models with orders of integration higher than one but smaller than two. Comparing the ARFIMA specifications with … business cycle characteristics. We firstly show that the business cycle features are clearly affected by the degree of …