Search Results - subject:"STATIONARITY"

Climate change, weather insurance design and hedging effectiveness

Kapphan, Ines; Calanca, Pierluigi; Holzkaemper, Annelie - In: The Geneva papers on risk and insurance - issues and … 37 (2012) 2, pp. 286-317

Persistent link: https://www.econbiz.de/10009574603

Sustainability of external debt : further evidence from non-linear framework

Nasir, Abm; Noman, Abdullah M. - In: International review of applied economics 26 (2012) 5, pp. 673-685

Persistent link: https://www.econbiz.de/10009612120

PPP in OECD countries : an analysis of real exchange rate stationarity, cross-sectional dependency and structural breaks

Holmes, Mark J.; Otero, Jesús G.; Panagiōtidēs, … - In: Open economies review 23 (2012) 5, pp. 767-783

Persistent link: https://www.econbiz.de/10009670486

Nonstationary brand variables in category management: A cointegration perspective

Jiang, James J.; Zhong, Maosen; Klein, Gary; Chen, H. G. - 2004

Category-management models serve to assist in the development of plans for pricing and promotions of individual brands. Techniques to solve the models can have problems of accuracy and interpretability because they are susceptible to spurious regression problems due to nonstationary time-series...

Persistent link: https://www.econbiz.de/10009447905

The Degree of Independence in European Goods Markets: An I(2) Analysis of German and Norwegian Trade Data

Hammersland, Roger - 2004

It is almost common knowledge that foreign trade in Europe is characterized by an acceptance of prices set by the world market. Coupled with a constant profit share in domestic sectors this makes European exports vulnerable to vagaries of international demand and prices as well as to crowding...

Persistent link: https://www.econbiz.de/10012143633

Testing for Stationarity in Panel Data Models when Disturbances are Cross-Sectionally Correlated

Jönsson, Kristian - 2004

data stationarity test. We find that the previously suggested test has a serious size distortion if the disturbances to … stationarity. However, the test procedure that we suggest is robust against the presence of cross-sectional disturbance correlation … can occur when neglecting to account for cross-sectional correlation when testing for stationarity in panel data models. …

Persistent link: https://www.econbiz.de/10013208460

Current account sustainability in the US: What do we really know about its?

Christopoulos, Dimitris K.; León-Ledesma, Miguel A. - 2004

-linear behaviour under the null of stationarity. This is confirmed by a set of non-linearity tests. We then fit an ESTAR model to the … current account dynamics and reject the null of non-stationarity. Hence, we conclude in favour of sustainability. Furthermore …

Persistent link: https://www.econbiz.de/10010290645

The degree of independence in European goods markets : An I(2) analysis of German and Norwegian trade data

Hammersland, Roger - Norges Bank - 2004

Persistent link: https://www.econbiz.de/10005481457

Regression Asymptotics Using Martingale Convergence Methods

Ibragimov, Rustam; Phillips, Peter C.B. - Cowles Foundation for Research in Economics, Yale University - 2004

Weak convergence of partial sums and multilinear forms in independent random variables and linear processes to stochastic integrals now plays a major role in nonstationary time series and has been central to the development of unit root econometrics. The present paper develops a new and...

Persistent link: https://www.econbiz.de/10004990794

Punishment and Counter-punishment in Public Goods Games: Can we still govern ourselves?

Ricciuti, Roberto - Department of Economics, Royal Holloway University of London - 2004

we characterise fiscal policy in terms of non-linear processes. We find that government spending and taxes can be described as being non-linear trend stationary processes instead of unit roots. A long run equilibrium relationship - a non-linear co-trend - does exist between the two series,...

Persistent link: https://www.econbiz.de/10005652692