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following the classical approach based on I(0) stationarity or I(1) cointegrating relationships, we use fractional integration …. -- Unemployment ; Input Prices ; Long Memory ; Fractional Integration ; Fractional Cointegration …
Persistent link: https://www.econbiz.de/10009614880
approaches based on I(0) stationary or I(1) (integrated and/or cointegrated) models, we use the fractional integration framework …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of … long memory but is mean reverting. -- long memory ; unemployment ; fractional integration …
Persistent link: https://www.econbiz.de/10009582384
fractional integration, may be a feasible way of modelling unemployment, also showing that its order of integration is much … erroneous results. -- long memory ; unemployment ; fractional integration …
Persistent link: https://www.econbiz.de/10009611544