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macroeconomics and finance. It is wellknown that standard asymptotic likelihood ratio tests for co-integration rank f Johansen (1996 … delivers consistent cointegration rank estimation for general I(1) processes. Finite sample Monte Carlosimulations show the …
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This study considers the forecasting of mortality rates in multiple populations. We propose a model that combines mortality forecasting and functional data analysis (FDA). Under the FDA framework, the mortality curve of each year is assumed to be a smooth function of age. As with most of the...
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macroeconomics and finance. It is wellknown that standard asymptotic likelihood ratio tests for co-integration rank of Johansen (1996 … delivers consistent cointegration rank estimation for general I(1) processes. Finite sample Monte Carlo simulations show the …
Persistent link: https://www.econbiz.de/10014198029