decomposition (MRD) with the use of maximal overlap discrete wavelet transforms (MODWT). Static wavelet variance and correlation … analysis is performed, and phasing is studied using co-correlation with the euro area by scale. Lastly dynamic conditional … correlation GARCH models are used to obtain dynamic correlation estimates by scale against the EU to evaluate synchronicity of …

heterogeneity and cross-correlation among legislators by explicitly including into the model a spatial effect which, in turn, relies …. We also find that correlation across legislators plays a significant role in explaining the first dimension when their …

correlation coefficients the results indicate that correlations are time-varying but that the strength of the correlation …

This paper uses a frequency domain approach to gain insight into the correlation between survey indicators and year … of the correlation between survey indicators and year-on-year GDP growth at the different frequencies to explain their … overall correlation. We show that survey indicators, similar to year-on-year GDP growth, do not perfectly reflect business …