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There are various competing procedures to determine whether fractional cointegration is present in a multivariate time series, but no standard approach has emerged. We provide a synthesis of this literature and conduct a detailed comparative Monte Carlo study to guide empirical researchers in...
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Modern systems of official statistics require the timely estimation of area-specific densities of sub …-parametric kernel density estimation that reverses the rounding process by using a Bayesian measurement error model. The methodology is …
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model we exploit the link between the Asymmetric Laplace Distribution and maximum likelihood estimation for quantile …-variance relationship. Mean Squared Error estimation is discussed. Extensive model-based simulations are used for comparing the proposed …
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