Discrimination has proved a core feature in many societies based on Race, Poverty, Gender and Caste etc. But with the advancement of societies, the problem of discrimination has not diminished. In India, caste system holds the major ground on behalf of which discrimination is practiced. The...

In this paper we study the zero frequency spectral properties of fractionally cointegrated long memory processes and introduce a new frequency domain principal components estimator of the cointegration space and the factor loading matrix for the long memory factors. We find that for fractionally...