cointegration testing methodology based on joint estimates of the fractional orders of integration of a cointegrating vector and its … and go undetected in traditional 1(1)/i (0) cointegration analysis, previous tests for fractional cointegration relied on … a unit root. In our example of fractional cointegration between 10-year government bond rates in the United States and …

"The acceleration of productivity growth during the latter half of the 1990s was both the defining economic event of … between incoming aggregate data, which initially suggested little productivity gain, and anecdotal firm-level evidence which … Chairman, argued that revolutionary increases in productivity were occurring and the Committee should not prematurely forgo …

.S., such as the productivity slowdown, increased labor force participation by women, and the "new economy" of the 1990s. We …