Fractional Integration, Power Laws and Econometric Models: Some Methodological and Theoretical Developments

该项目的基本目标是：(I)扩大 当前的计量经济学实践，并将使用幂定律视为 基础建设更加灵活实事求是 一类经济金融时间分析模型 系列片。(Ii)开发适用于以下情况的推理技术 动态计量经济学系统的建模 以幂定律为特征的结构。这将通过以下方式实现 建立在分数集成过程类的基础上。新的 经济计量模型和方法用于分析 将开发非平稳系列，以及 相关的理论结果。

The fundamental objectives of this project are to: (i) Extend current econometric practice and consider the use of power laws as a basis for the construction of a more flexible and realistic class of models for the analysis of economic and financial time series. (ii) To develop inferential techniques appropriate for the modelling of dynamic econometric systems that incorporate structure characterized by power laws. This will be achieved by building upon the class of fractionally integrated processes. New econometric models and methodologies for the analysis of non-stationarity series will be developed, along with the associated theoretical results.