Waste management is a distinct practice aimed at reducing its effects on health and the environment and increasing energy and material recovery. The urban waste management industry has been slow to adopt new technologies, such as sanitary landfills and incineration, which enable better treatment...

We develop a nonparametric regression-based goodness-of-fit test for multifactor continuous-time Markov models using the conditional characteristic function, which often has a convenient closed-form or can be approximated accurately for many popular continuous-time Markov models in economics...

Modeling conditional distributions in time series has attracted increasing attention in economics and finance. We develop a new class of generalized Cramer-von Mises (GCM) specification tests for time series conditional distribution models using a novel approach, which embeds the empirical...

Detecting and modelling structural changes in GARCH processes have attracted increasing attention in time series econometrics. In this paper, we propose a new approach to testing structural changes in GARCH models. The idea is to compare the log likelihoods of a time-varying parameter GARCH...

The Markov property is a fundamental property in time series analysis and is often assumed in economic and financial modelling. We develop a test for the Markov property using the conditional characteristic function embedded in a frequency domain approach, which checks the implication of the...

Residential segregation recently has shifted to more class/income-based in the United States, and neighborhoods are undergoing significant changes such as commuting patterns over time. To better understand the commuting inequality across neighborhoods of different income levels, this research...

Little attention has been given to estimating dynamic travel demand in transportation planning in the past. However, when factors influencing travel are changing significantly over time such as with an approaching hurricane - dynamic demand and the resulting variation in traffic flow on the...