suggested model includes linear and non-linear time trends, and stationary and nonstationary processes based on integer and …

This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries …-memory processes respectively. The evidence suggests that persistence is particularly high in Japan and some EU countries such as Spain …

cope with oil price volatility. The ongoing dividend equals approximately 30 per cent of government revenue and requires …

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling …. This effect is significant and robust over a wide range of specifications. We unravel the effects of volatility by opening … dependence, physical and institutional barriers to trade and associated policy shocks increase volatility sharply and harm growth …

volatility channel, may lead one to erroneously conclude that there is no effect of resources on growth. …

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling …. This effect is significant and robust over a wide range of specifications. We unravel the effects of volatility by opening … dependence, physical and institutional barriers to trade and associated policy shocks increase volatility sharply and harm growth …

This paper aims to select the best model or set of models for modelling volatility of the four most popular …

estimation windows. It develops theoretical results for random walks when their drift and/or volatility are subject to one or …