This paper explores the relationship between the growth rates of per capita income and age- structured population in a non-parametric setting. Analysis in this framework provides us with new insights about the interaction structure: significant non-linear relation between the two and interesting...

This paper illustrates both analytically and empirically that stochastic long-memory in economic growth arises due to the presence of a long-memory in population growth. Specifically, we show that the long-run conditional mean and variances of economic growth are functions of stochastic...

Accurate prediction of Bitcoin prices is a purported boon for risky investors, more so, if the forecasts are largely unconditional. This paper introduces a class of autoregressive fractionally integrated moving average model with asymmetric exponential generalized autoregressive score errors to...