What drives the nonlinearity of time series: A frequency perspective

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 125
Issue: 1
Pages: 40-42

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

It is well-known that economic and financial time series are characterized by nonlinearities. The literature does not agree, however, on the actual causes of such nonlinearities. In this paper, I investigate whether dynamics at different frequencies present different degree of nonlinearity, and how much they may influence any nonlinearity in the aggregate original series. This paper finds strong evidence in support of the idea that nonlinearities are mostly found at high frequencies.

Technical Details

RePEc Handle
repec:eee:ecolet:v:125:y:2014:i:1:p:40-42
Journal Field
General
Author Count
1
Added to Database
2026-01-25