his paper deal with aggregation of AR(1) micro variables driven by a common and idiosyncratic shock with random …

We consider temporal aggregation of stationary and nonstationary time series with short memory, long memory and …

nonstationarity of aggregate demand errors, based on aggregation of consumers with heterogeneous preferences in a slowly changing … nonlinear functions of relative prices, and standard methods for dealing with nonstationarity in linear models cannot be used …

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which observed inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which 'observed' inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …

This paper used cross-sectional aggregation as the inspiration for a model with long-range dependence that arises in …

-sectional aggregation. Nonetheless, formal analysis regarding the effect that aggregation has on the long memory dynamics of temperature … aggregation may be exacerbating the long memory estimated in regional and global temperature data. The results are robust to the …

-run coefficients from the micro relations. Finally, the approach advocated in the paper is applied to aggregation of life …

decision is binary and persistent, the aggregation of individual time series can result in a fractionally integrated process … series can be modelled as I(d) processes. We also investigate the proposition that temporal aggregation of a fractionally …