An Empirical Investigation of Shock Persistence in Economic Time Series*

Geetha Mayadunne, Merran Evans, Brett Inder

Research output: Contribution to journalArticleResearchpeer-review

6 Citations (Scopus)

Abstract

Whether or not shocks persist has important implications in economics. An empirical study investigates this issue for key Australian and US macroeconomic time series. The existence of persistence is investigated by unit root tests and its magnitude estimated by recently proposed techniques. Results from these different approaches are compared.

Original languageEnglish
Pages (from-to)145-156
Number of pages12
JournalEconomic Record
Volume71
Issue number2
DOIs
Publication statusPublished - 1 Jan 1995

Cite this