Add to ORKGBiases in measurement of dynamics of time series from calculation of half- life received more attention lately. In particular, this issue amplifies the controversy surrounding the purchasing power parity doctrine. Cross-sectional and temporal aggregations along with mis-specified models were identified before as sources of this bias. We identified a few other sources of bias, namely, sampling error, wrong approximations, and structural breaks in time series. These sources should receive adequate attention for a sound measure of half-life
Cecchetti et al. (2002) estimate the half-life to price index convergence among U.S. cities to be ap...
Recent studies about estimating half-lives of purchasing power parity argues that heterogeneity bias...
Existing point estimates of half-life deviations from purchasing power parity (PPP), around 3-5 year...
Biases in measurement of dynamics of time series from calculation of half- life received more attent...
When univariate methods are applied to real exchange rates, point estimates of autoregressive (AR) c...
We show, analytically, that ordinary least square (OLS)-based estimates of the half-life in a tempor...
We propose a Bayesian framework in which the uncertainty about the half-life of deviations from purc...
In this paper we extend the Murray and Papell (2002) study by using a non-parametric bootstrap appr...
This paper addresses two perennial problems in the existing Purchasing Power Parity (PPP) literature...
Using median-unbiased estimation, recent research has questioned the validity of Rogoff’s “remarkabl...
The half-life is defined as the number of periods required for the impulse response to a unit shock ...
ABSTRACT: The half-life of deviations from purchasing power parity (PPP) plays a central role in th...
We revisit the exchange rate half-life issue and demonstrate that observed half-lives can be reduced...
It is well known that there is a large degree of uncertainty around Rogoff’s consensus half-life of ...
Evidence of lengthy half-lives for real exchange rates in the presence of high degree of exchange ra...
Cecchetti et al. (2002) estimate the half-life to price index convergence among U.S. cities to be ap...
Recent studies about estimating half-lives of purchasing power parity argues that heterogeneity bias...
Existing point estimates of half-life deviations from purchasing power parity (PPP), around 3-5 year...
Biases in measurement of dynamics of time series from calculation of half- life received more attent...
When univariate methods are applied to real exchange rates, point estimates of autoregressive (AR) c...
We show, analytically, that ordinary least square (OLS)-based estimates of the half-life in a tempor...
We propose a Bayesian framework in which the uncertainty about the half-life of deviations from purc...
In this paper we extend the Murray and Papell (2002) study by using a non-parametric bootstrap appr...
This paper addresses two perennial problems in the existing Purchasing Power Parity (PPP) literature...
Using median-unbiased estimation, recent research has questioned the validity of Rogoff’s “remarkabl...
The half-life is defined as the number of periods required for the impulse response to a unit shock ...
ABSTRACT: The half-life of deviations from purchasing power parity (PPP) plays a central role in th...
We revisit the exchange rate half-life issue and demonstrate that observed half-lives can be reduced...
It is well known that there is a large degree of uncertainty around Rogoff’s consensus half-life of ...
Evidence of lengthy half-lives for real exchange rates in the presence of high degree of exchange ra...
Cecchetti et al. (2002) estimate the half-life to price index convergence among U.S. cities to be ap...
Recent studies about estimating half-lives of purchasing power parity argues that heterogeneity bias...
Existing point estimates of half-life deviations from purchasing power parity (PPP), around 3-5 year...