The US real GNP is trend-stationary after all
نویسندگان
چکیده
منابع مشابه
Is Us Real Gnp Chaotic? on Using the Bds Test to Decide Whether an Arma Model for the Us Gnp Generates I.i.d. Residuals
In this paper we use the BDS test developed by Brock-Dechert-Scheinkman(1987) to investigate whether ARIMA models for the US real GNP generate i.i.d. residuals. The second step, after reviewing some results from Brock-Sayers(1988) and Scheinkman-LeBaron(1989), SL, we will use a different kind of specifications for the US real GNP such as a model with different volatility pre and post World War ...
متن کاملThe Uncertain Unit Root in Real GNP
The impulse and propagation mechanisms of business cycles have long been debated; however, until recently, economists were in fairly broad agreement that business fluctuations could be studied separately from the secular growth of the economy. This separation was justified because, to a first approximation, the factors underlying trend growth were assumed to be stable at business-cycle frequenc...
متن کاملConcussion is confusing us all
It is time to stop using the term concussion as it has no clear definition and no pathological meaning. This confusion is increasingly problematic as the management of 'concussed' individuals is a pressing concern. Historically, it has been used to describe patients briefly disabled following a head injury, with the assumption that this was due to a transient disorder of brain function without ...
متن کاملNone of Us Is As Smart As All of Us
Dr. Parker is Director of Research and Academic Affairs at the National Center for Human Factors in Healthcare (MedStar Health) in Washington, DC. Her research focuses on human factors and applied psychology, with an emphasis on understanding team performance in high-risk healthcare settings. Dr. Parker is currently an AHRQ postdoctoral fellow, researching team coordination during trauma resusc...
متن کاملUS nurse's experience is a warning for us all.
American nurse Lynda Arnold, who became HIV positive following a needlestick injury, spoke at the recent RCN Congress (News April 12). Her lecture brought home the importance of the use of gloves and good practice, but also the need to report all incidents, and the need for policies being in place and available to all staff. If, as suggested, 60 per cent of needlestick injuries are not reported...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Economics Letters
سال: 2016
ISSN: 1350-4851,1466-4291
DOI: 10.1080/13504851.2016.1205719