-run coefficients from the micro relations. Finally, the approach advocated in the paper is applied to aggregation of life …

This paper investigates the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … extent to which ‘observed’ inflation persistence at the aggregate level is due to aggregation and/or common unobserved …

We discuss joint temporal and contemporaneous aggregation of N independent copies of AR(1) process with random …

The aggregation procedure when a sample of length N is divided into blocks of length m = o(N), m ® ¥ and observations … varying levels of aggregation, has much smaller bias, permitting derivation of limiting distributional properties of suitably …

The paper studies the interaction between aggregation and persistence pertaining to skip sampling of stock variables as … well as temporal aggregation of flow variables for the generalized fractional processes. We show that, for skip sampling …, the long memory feature at the zero frequency can arise from the aggregation of a generalized fractional series, while …

The aggregation procedure when a sample of length N is divided into blocks of length m = o(N), m ? ? and observations … varying levels of aggregation, has much smaller bias, permitting derivation of limiting distributional properties of suitably …