Essays about: "OLS unit root"

Showing result 1 - 5 of 7 essays containing the words OLS unit root.

  1. 1. Consequence of Interactive Effect of Exchange Rate Volatility and Trade on GDP Growth

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : S M Abdullah; Salina Siddiqua; [2015]
    Keywords : Exchange Rate Volatility; Trade – GDP ratio; Cross Sectional Dependence; Panel Unit Root; GDP Growth; Fixed Effect; Business and Economics;

    Abstract : Exchange rate volatility has been regarded as a vital macroeconomic concern for the policy makers and its impact on economic growth has gained much attention from the researchers in recent years. Existing studies tried to analyze the impact focusing on financial development. READ MORE

  3. 2. The relationship between stock price, book value and residual income:   A panel error correction approach

    University essay from Uppsala universitet/Statistiska institutionen

    Author : Oskar Brandt; Rickard Persson; [2015]
    Keywords : Accounting based valuation; stock valuation; residual income; Ohlson’s model; PECM; Cointegration; Panel unit root; Stock price; book value; dividends; dividend discount model; aktier; utdelningar; residual inkomst; aktie värderingar; Ohlson s model;

    Abstract : In this paper we examine the short and long-term relations between stock price, book value and residual income.  We employ a panel error correction model, estimated with Engle & Granger’s (1987) two-step procedure and the single equation methodology. The models are estimated with FE-OLS and the MG-estimator. READ MORE

  4. 3. In the long run, we're all mean reverting - Wavelet analysis on the fate of real exchange rates

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : David Berger; [2013]
    Keywords : Purchasing Power Parity; Long Run Memory; ARFIMA p; d; q ; Unit root tests; Wavelets; Business and Economics;

    Abstract : 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

  5. 4. An empirical research on relationship between economic growth and atmospheric pollution in China-Based on the panel data analysis approach

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Xinyu Yu; [2013]
    Keywords : Atmospheric pollution; economic growth; EKC; SO2; dust; soot; Social Sciences; Business and Economics;

    Abstract : The aim of this thesis is to research the relationship between economic growth and atmospheric pollution in China based on Environmental Kuznets Curve hypothesis. Three atmospheric pollutants are mainly tested in this research including industrial sulphur dioxide, industrial dust and industrial soot. READ MORE

  6. 5. Does PPP hold in the long run? An empirical approach using wavelets.

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : David Berger; [2012]
    Keywords : Fractionally Integrated Processes; Wavelets; Time Series Analysis; Purchasing Power Parity; Long Run Memory; Business and Economics;

    Abstract : 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