Regional inequality is severe in China since regional development is uneven due to various initial conditions and government policies. We employ unit root tests allowing for structural breaks to alternative inequality measures from 1952 to 2000. Empirical results indicate that (1) the regional inequality is trend stationary with structural breaks rather than follow a random walk. Thus, ignoring...

Abstract This paper revisits real-time forecasting of U.S. inflation based on Phillips curve-inspired linear regression models. Our innovation is to allow for both structural breaks in the regression parameters and the variance as well as uncertainty regarding which set of predictor variables one can include in these regressions (‘model uncertainty’). Structural breaks are described by occasion...

Authors are requested to select key words from the following list. You may use plurals and adjectives for combinations like absolute pupillary response, centrifugal optic nerve, inter blobs, etc. If key words are needed which do not appear in this list, please underline them. For animal classification the Latin nomenclature should be used. p-mechanism A-scan a-wave aberration absolute absorptio...

Previous studies have shown that structural changes in DNA, including the ligation of pre-existing DNA breaks and the opening and closure of new breaks, occur shortly after exposure of granulomonocytic precursors (CFU-GM) to granulocyte-macrophage colony stimulating activity (GM-CSA). Monocytic differentiation of CFU-GM is selectively inhibited by compounds known to inhibit the nuclear enzyme A...

The theme of unit roots in macroeconomic time series have received a great amount of attention in terms of theoretical and applied research over the last three decades. Since the seminal work by Nelson and Plosser (1982), testing for the presence of a unit root in the time series data has become a topic of great concern. This issue gained further momentum with Perron’s 1989 paper which emphasiz...