Essays about: "David Berger"
Found 3 essays containing the words David Berger.
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1. In the long run, we're all mean reverting - Wavelet analysis on the fate of real exchange rates
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper analyzes to what extent PPP holds in the long run. Firstly, standard unit root tests are used to test for stationarity. These results are then compared to the ones provided by a wavelet based OLS and an approximate ML estimator. READ MORE
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2. Does PPP hold in the long run? An empirical approach using wavelets.
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper contributes to the debate as to whether or not Purchasing Power Parity (PPP) holds in the long run. This is done by looking at fractionally integrated processes (FIP) and using wavelets in order to obtain an Ordinary Least Squares (OLS) estimate of the long run memory parameter. READ MORE
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3. Welfare Criteria for Policy Making : The BDI Index
University essay from IHH, NationalekonomiAbstract : GDP and GDP per capita are widely used to gauge for living standards across countries. However, they have originally not been constructed for this purpose and are therefore subject to significant limitations. This paper aims at developing a better and non-monetary development index with which cross-country living standards can be assessed. READ MORE