Results 131 to 140 of about 1,248 (231)

Inference on Common Trends in a Cointegrated Nonlinear SVAR

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We consider the problem of performing inference on the number of common stochastic trends when data is generated by a cointegrated CKSVAR (a two‐regime, piecewise affine SVAR; Mavroeidis, 2021), using a modified version of the Breitung (2002) multivariate variance ratio test that is robust to the presence of nonlinear cointegration (of a known
James A. Duffy, Xiyu Jiao
wiley   +1 more source

Impact of air pollution on life expectancy: the role of digitalization, urbanization and institutional quality in BRICS economies. [PDF]

Front Public Health
Zhang H, Qiao H, Gu X, Uddin I, Li X, He Z, Zhang X.   +6 more
europepmc   +1 more source

Large‐Dimensional Cointegrated Threshold Factor Models: The Global Term Structure of Interest Rates

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT In this paper we extend the two‐level factor model to account for cointegration between group‐specific factors in large datasets. We propose two nonlinear specifications: (i) a threshold vector error correction model (VECM) that allows for asymmetric adjustment across regimes; and (ii) a band VECM that captures state‐dependent adjustment which
Daniel Abreu, Paulo M. M. Rodrigues
wiley   +1 more source

Do government outlays crowd-out private consumption? Evidence from the European Union. [PDF]

PLoS One
Bölükbaşı ÖF, Çolak O.
europepmc   +1 more source

Detecting Sparse Cointegration

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We propose a two‐step procedure for detecting sparse cointegration in high‐dimensional single‐equation models. First, we employ the adaptive lasso to identify the subset of integrated covariates driving the long‐run equilibrium relationship.
Jesús Gonzalo, Jean‐Yves Pitarakis
wiley   +1 more source

The effect of port development on the decoupling of urban development and hinterland pollution. [PDF]

Sci Rep
Ji X, Ding X, Zhang Y, Wang C.
europepmc   +1 more source

Editorial Introduction to the 40th Anniversary Special Issue

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We introduce this special issue, based on the proceedings of a conference held in the Department of Economics in the University of Oxford from 7 to 9 April 2025, organised to commemorate the 40th anniversary of cointegration. Following a setting of the scene and discussion of the motivation for the conference, the papers are summarised in ...
Anindya Banerjee, Sophocles Mavroeidis, Robert Taylor   +2 more
wiley   +1 more source

Human capital, technological progress and industrial restructuring. [PDF]

PLoS One
Zhao K, Zhang L.
europepmc   +1 more source

Unconventional Fiscal Policies in Response to Inflation: The Iberian Exception in Portugal

Scottish Journal of Political Economy, EarlyView.
ABSTRACT The surge in Eurozone inflation in 2022 compelled European governments to implement unconventional fiscal policies. One initiative, the Iberian Exception, imposed a cap on the cost of natural gas used for electricity generation in Portugal and Spain.
Lourenço Cerdeira, Sofia Vale, Luís Clemente‐Casinhas   +2 more
wiley   +1 more source

Assessing sustainable development and environmental pollution dynamics in Somalia. [PDF]

Sci Rep
Abdullahi AM, Ahmed MY.
europepmc   +1 more source