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In this paper we present a new approach to integration and cointegration. We show that a periodically correlated time … cointegration. …
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English Abstract: The Russian economy is caught in stagnation, but thanks to a skillful macroeconomic policy, the economy has stabilized. The current economic model is dualistic. On the one hand, the so-called systemic liberals are in charge of macroeconomic policy, which they pursue eminently....
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