-Prescott filter, the Baxter-King filter and the structural time series model. The detrended data are analyzed both in the time domain … relative importance of particular frequencies for the behavior of real wages. In the time domain we find that both real wages … the business cycle and shows an anticyclical behavior for shorter time periods, whereas for longer time spans a …

This paper is concerned with testing the time series implications of the capital asset pricing model (CAPM) due to … Sharpe (1964) and Lintner (1965), when the number of securities, N, is large relative to the time dimension, T, of the return …

fairly large degree of interindividual variance in terms of time-to-degree. This paper investigates individual time …-to-degree in a model where students determine the optimum time-to-degree whilst weighing up the cost against the consumption … levels, and economic growth have a significant impact on individual time-to-degree. These results are consistent with the …

In 2002 we published a paper in which we used state space time series methods to analyse the teenage employment … teenage employment, at a time when some studies were casting doubt on the existence of such an effect. In this note we re …

The time-series approach used in the minimum wage literature essentially aims to estimate a treatment effect of … increasing the minimum wage. In this paper, we employ a novel approach based on aggregate time-series data that allows us to …