We provide a method for distinguishing long-range dependence from deterministic trends such as structural breaks. The …

shocks accumulate so that variables have discernible trends. Econometricians have conceived of variables that trend in … sympathy with each other (so-called "cointegrated variables") as sharing one or more of these unobserved trends as a common … unobservable common trends to be backed-out of cointegrated systems of equations. The issue addressed in this paper is whether and …

economy, innovation strategies and recent trends. The term 'lowtech sectors' is widely used and often refers to a wide range … trends can be identified in the lowtech sectors. Firstly, innovation in lowtech sectors does not stop at R&D. Although nonR …

This paper uses fractional integration methods to examine persistence, trends and structural breaks in US house prices … structural breaks is taken into account, segmented trends are detected; the subsample estimates of the fractional differencing …