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Development trends in land market prices in Slovakia
market price of land acreage of parcels land ownership agricultural land market
2014/3/20
After the accession to the EU, there is a necessity to develop the land market in Slovakia. The achievement of the following conditions is necessary: settlement of estates in lands and unification of ...
Regional development in Slovakia – developmental trends and social-spatial impacts
society regional development disparity, transformation social-spatial impacts
2014/3/20
The study deals with the problems of regional development in Slovakia, with the emphasis on presentation and critical reflexion of specific features and basic developmental tendencies characterizing t...
ESTIMATING DETERMINISTIC TRENDS IN THE PRESENCE OF SERIALLY CORRELATED ERRORS
DETERMINISTIC TRENDS PRESENCE OF SERIALLY CORRELATED ERRORS
2014/3/18
This paper studies the problems of estimation and inference in the linear trend model yt = a + P3t + ut, where ut follows an autoregressive process with largest root p and , is...
Are business cycles mainly the result of permanent shocks to productivity? This paper uses a long-run restriction implied by a large class of real-business-cycle models -identifying per...
Testing for Common Trends
Cointegration Factor models Integrated processes Multiple time series Unit roots Yield curv
2014/3/18
Cointegrated multiple time series share at least one common trend. Two tests are developed for the number of common stochastic trends (i.e., for the order of cointegration) i...
The two most striking historical features of aggregate output are its sustained long run growth and its recurrent fluctuations around this growth path. Real per capita GNP, consu...
UNIVARIATE DETRENDING METHODS WITH STOCHASTIC TRENDS
UNIVARIATE DETRENDING METHODS STOCHASTIC TRENDS
2014/3/18
This paper discusses detrending economic time series, when the trend is modelled as a stochastic process. It considers unobserved components models in which the observed series i...