In this chapter we first review the theoretical and empirical work on fractional integration and
cointegration, placing special emphasis on the estimation procedures for fractionally …

Climate change has become a serious environmental matter of global concern. This paper
attempts to verify if there is climatic change in Sub-Saharan Africa with the help of monthly …

We propose in this article a two‐step testing procedure of fractional cointegration in
macroeconomic time series. It is based on Robinson's (Journal of the American Statistical …

This article deals with the relationship between international trade and tourism. We focus on
the effect that German tourism to Spain has on German imports of Spanish wine. Due to the …

This paper investigates the integration properties of disaggregated solar, geothermal and
biomass energy consumption in the US The analysis is performed for the 1989–2009 period …

In this paper, the long memory properties of disaggregated fossils, coal and electricity retail
consumption in the US over the 1989–2009 period are examined. The presence of long …

Seasonal long memory has become an alternative credible way when modelling the
seasonal component in many time series. In this paper, a procedure is employed that …

This paper is an attempt to examine the G-7 sustainability properties of current accounts of
seven developed countries, using a methodology based on fractional processes. The …

Many authors have investigated the possibility of long-range dependence, or long memory,
in asset returns, but very little evidence has been found for long memory in either stock or …

The Efficient Market Hypothesis (EMH) is frequently tested by measuring the degree of mean
reversion in stock prices, since highly predictable changes might indicate that investors are …