When considering long-haul transport requests, the durations of rest periods and breaks highly influence the overall … and time intervals when rest periods and breaks have to be taken. The present study proposes two mixed integer linear …

cointegration analysis, both country and panel based, controlling for endogenous breaks. Results notably show: lack of cointegration …

point estimation under long memory without a priori assumptions on the presence of breaks. In contrast to previous studies …, we allow for smooth trends in addition to breaks as a source of spurious long memory. We support the fi nding of reduced …. Nevertheless, only a few breaks can be located. Instead, all countries exhibit signi cant trends at the 5 percent level with the …

structural breaks -a test procedure proposed by Carrion-i-Silvestre et al. The panel versions of the KPSS-type test, proposed by … Carrion-i-Silvestre et al. with and without structural breaks, are also applied. Findings - The paper finds that, while … univariate tests with and without structural breaks provide mixed results on persistence, the panel test suggests that shocks to …

structural breaks – a test procedure proposed by Carrion-i-Silvestre et al. The panel versions of the KPSS-type test, proposed by … Carrion-i-Silvestre et al. with and without structural breaks, are also applied. Findings – The paper finds that, while … univariate tests with and without structural breaks provide mixed results on persistence, the panel test suggests that shocks to …

integration) model allowing for endogenously determined structural breaks is estimated for these purposes (Gil-Alana, 2008). The … results suggest that the ASEAN currencies are much more interlinked than previously thought, whether or not breaks are taken …