Search Results - subject:"STATIONARITY"

Unit root vector autoregression with volatility induced stationarity

Rahbek, Anders; Nielsen, Heino Bohn - Økonomisk Institut, Københavns Universitet - 2012

, often implying unit-roots, while at the same time maintain stationarity despite such unit-roots. Specifically, the model … unit root. The model thus allows for volatility induced stationarity, and the paper shows conditions under which the … roots and a reduced rank structure in the conditional mean, known from linear co-integration to imply non-stationarity …

Persistent link: https://www.econbiz.de/10010552077

A statistical test of independence in choice data with small samples

Birnbaum, Michael H. - In: Judgment and Decision Making 7 (2012) 1, pp. 97-109

This paper develops tests of independence and stationarity in choice data collected with small samples. The method …

Persistent link: https://www.econbiz.de/10010618016

Are Fluctuations in Energy Consumption Transitory or Permanent? Evidence From a Panel of East Asia & Pacific Countries

Kum, Hakan - In: International Journal of Energy Economics and Policy 2 (2012) 3, pp. 92-96

This paper examines the unit root properties of energy consumption per capita for 15 East Asia & Pacific countries employing the Lagrange Multiplier (LM) panel unit root test with one structural break for 1971-2007. When we apply the LM univariate test without break, we find a unit root in per...

Persistent link: https://www.econbiz.de/10010555762

CONSIDERATIONS UPON ANGLICISMS IN THE FIELD OF ROMANIAN ECONOMIC LANGUAGE

Camelia FIRICÄ‚ - In: Journal of Applied Economic Sciences 6 (2012) 6(18)/ Summer 2011, pp. 144-147

The new historical context, with all its implications at the political, economic, social, technological, cultural levels has definitely marked language, which began to reflect by its increased dynamism, particularly in its lexical compartment, the current Romanian reality and transformations....

Persistent link: https://www.econbiz.de/10010556313

THE ANALYSIS OF THE MANAGEMENT OF ROMANIAN INVESTMENT FUNDS USING ECONOMETRIC METHODS

Marius DINCÄ‚; GIDINCEANU, Roxana Maria - In: Journal of Applied Economic Sciences 6 (2012) 6(18)/ Summer 2011, pp. 132-143

stationarity analysis of the series based on the Ljung-Box and the Box-Pierce tests. One of the conclusions of this research was … DSP non-stationarity compared to the TSP type non-stationarity of the BET index series. Therefore, we used differentiation …

Persistent link: https://www.econbiz.de/10010556322

Are Labor Force Participation Rates Really Non-Stationary? Evidence from Three OECD Countries

Ozdemir, Zeynel Abidin; Balcilar, Mehmet; Tansel, Aysit - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2012

This paper shows that the structural breaks are an important characteristic of the monthly labor force participation rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural breaks in the empirical specifications of fractionally...

Persistent link: https://www.econbiz.de/10010561845

Nonparametric regression for locally stationary time series

Vogt, Michael - Centre for Microdata Methods and Practice (CEMMAP) - 2012

In this paper, we study nonparametric models allowing for locally stationary regressors and a regression function that changes smoothly over time. These models are a natural extension of time series models with time-varying coecients. We introduce a kernel-based method to estimate the...

Persistent link: https://www.econbiz.de/10010570555

Are Labor Force Participation Rates Really Non-Stationary? Evidence from Three OECD Countries

Ozdemir, Zeynel Abidin; Balcilar, Mehmet; Tansel, Aysit - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10010570784

Capital Flight and Investment Dynamics in Nigeria: A Time Series Analysis (1970-2006)

Adesoye, A. Bolaji; Maku, Olukayode E.; Atanda, Akinwande A. - Volkswirtschaftliche Fakultät, … - 2012

This study critically examines the implications of capital flight on investment growth in Nigeria between 1970 and 2006, because of the consequential effect it has on economic growth. The time series data properties incorporated were examined using the Augmented Dickey-Fuller (ADF) unit root...

Persistent link: https://www.econbiz.de/10009397182

Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries

Afonso, António; Jalles, João Tovar - European Central Bank - 2012

We assess the sustainability of public finances in OECD countries, over the period 1970-2010, using unit root and cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration – absence of sustainability – between...

Persistent link: https://www.econbiz.de/10010686817