Search Results - subject:"Time trend"

Semiparametric Trending Panel Data Models with Cross-Sectional Dependence

Chen, Jia; Gao, Jiti; Li, Degui - Department of Econometrics and Business Statistics, … - 2011

vector and the nonparametric time trend function. As both the time series length T and the cross-sectional size N tend to …

Persistent link: https://www.econbiz.de/10009318812

How Long Do Housing Cycles Last? a Duration Analysis for 19 OECD Countries

Bracke, Philippe - International Monetary Fund (IMF) - 2011

This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining to the average length and the other to the length distribution. On average, upturns are longer than downturns, but the difference...

Persistent link: https://www.econbiz.de/10009327876

Estimating trends in US income inequality using the Current Population Survey: the importance of controlling for censoring

Burkhauser, Richard V.; Feng, Shuaizhang; Jenkins, … - London School of Economics (LSE) - 2011

We analyze trends in US size-adjusted household income inequality between 1975 and 2004 using the most commonly used data source—the public use version of the March Current Population Survey. But, unlike most researchers, we also give substantial attention to the problems caused by the...

Persistent link: https://www.econbiz.de/10011126282

An application of a new seasonal unit root test for trending and breaking series to industrial production of the BRICS

El Montasser, Ghassen; Gupta, Rangan - In: The journal of developing areas 50 (2016) 4, pp. 183-194

Persistent link: https://www.econbiz.de/10011687960

Revisiting the matching function

Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - In: Journal of economic dynamics & control 69 (2016), pp. 350-374

Persistent link: https://www.econbiz.de/10011708588

Semiparametric Trending Panel Data Models with Cross-Sectional Dependence

GAO, Jiti; Chen, Jia; Li, Degui - School of Economics, University of Adelaide - 2010

likelihood approach based on the first-stage local linear fitting is developed to estimate both the parameter vector and the time … trend function. …

Persistent link: https://www.econbiz.de/10008462871

Panel cointegration testing in the presence of a time trend

Droge, Bernd; Örsal, Deniz Dilan Karaman - 2009

time trend in the data generating process. This new test is an extension of the likelihood ratio (LR) test of Saikkonen …

Persistent link: https://www.econbiz.de/10010265669

Irrational Exuberance in the U.S. Housing Market; Were Evangelicals Left Behind?

Crowe, Christopher W. - International Monetary Fund (IMF) - 2009

The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I investigate this issue by identifying a segment of the U.S. population-evangelical protestants-that may be less prone to speculative motives, and uncover a significant negative...

Persistent link: https://www.econbiz.de/10005825622

Seasonal Unit Root Tests for Trending and Breaking Series with Application to Industrial Production

Westerlund, Joakim; Costantini, Mauro; Narayan, Paresh; … - Nationalekonomiska institutionen, Handelshögskolan - 2009

Some unit root testing situations are more difficult than others. In the case of quarterly industrial production there is not only the seasonal variation that needs to be considered but also the occasionally breaking linear trend. In the current paper we take this as our starting point to...

Persistent link: https://www.econbiz.de/10004998802

Panel Cointegration Testing in the Presence of a Time Trend

Droge, Bernd; Örsal, Deniz Dilan Karaman - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2009

time trend in the data generating process. This new test is an extension of the likelihood ratio (LR) test of Saikkonen … Panel Cointegration Testing in the Presence of a Time Trend Bernd Droge* Deniz Dilan Karaman Örsal … Cointegration Testing in the Presence of a Time Trend ∗ Deniz Dilan Karaman ¨Orsal‡ Bernd Droge§ Humboldt-Universit¨at zu Berlin …

Persistent link: https://www.econbiz.de/10005652726