trends and stochastic cycles in addition to deterministic terms such as linear and non-linear trends. We examine four US … be captured accurately by a model incorporating both stochastic trends and stochastic cycles that allows for some degree …

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 …

This paper analyzes long-term trends in intergenerational earnings persistence in France for male cohorts born between …

This paper provides an overview of past and expected future trends in life expectancy in populations of today's low … trends will be driven mainly by mortality among the old and oldest-old. The paper gathers empirical background data and … were carried out to formulate expert-based assumptions for future trends in life expectancy. The presented evidence and the …

We show that small trends do not influence log-periodogram based estimators for the memory parameter in a stationary … invertible long-memory process. In the case of slowly decaying trends which are easily confused with long-range dependence we … show by Monte Carlo methods that the tapered periodogram is quite robust against these trends and thus provides a good …

We discuss the increasing literature on misspecifying structural breaks or more general trends as long range dependence … memory parameter when structural breaks or trends are in the data but long-memory is not. It can be seen that it is hard to … distinguish deterministic trends from long-range dependence. …