After reviewing the simulation performance of general-to-specific automatic regressionmodel selection, as embodied in PcGets, we show how model selection can be nondistortionary: approximately unbiased ‘selection estimates’ are derived, with reported standard errors close to the sampling standard deviations of the estimated DGP parameters, and a near-unbiased goodness-of-fit measure. The handli...

We describe an HPLC method for measurement of ratios of concentrations of very-long-chain fatty acids (VLCFA) in plasma. The method, which involves ultraviolet detection of p-bromophenacyl derivatives of fatty acids, is validated by comparison with a gas chromatographic-mass spectrometric (GC-MS) method. The correlation between the ratios of 24-carbon fatty acids to 22-carbon fatty acids (C24/C...

Results 8 patients were male, onset age ranged from 5-11 years old, and the course of disease was from 4 months to 3 years. 3 patients presented with reduced vision, 2 patients presented with hyperpigmentation and all patients show different degree nervous system symptoms, such as intelligence breakdown, attention deficit, coordination and communication ability decrease, etc. The measurement of...

There have been numerous attempts at the formation of regional policy groupings within Latin America and the Caribbean (LAC). This paper analyses the similarities in macroeconomic policies pursued by member countries using realised correlation analysis on 26 LAC countries and observations covering the period 1970–2005. The study finds evidence of co-movement in monetary, fiscal, trade and capit...

In this chapter, we discuss the use of mixed frequency models and diffusion index approximation methods in the context of prediction. In particular, select recent specification and estimation methods are outlined, and an empirical illustration is provided wherein U.S. unemployment forecasts are constructed using both classical principal components based diffusion indexes as well as using a comb...

We agree that either mistaking a stochastic trend for a deterministic trend (or vice-versa) is consequential for unit root tests and for tests of nonlinear serial dependence. In addition, we comment that similar results obtain for ordinary parameter inference in simple linear models. In particular, we note that detrending stochastically trended data with a deterministic polynomial or by applyin...

In this paper we provide empirical findings on the significance of positive feedback trading for the return behavior in the German stock market. Relying on the ShillerSentana-Wadhwani model, we use the link between index return auto-correlation and volatility to obtain a better understanding into the return characteristics generated by traders adhering to positive feedback trading strategies. O...

Concerned by the environmental and economic threats posed fossil fuels as source of energy, this study uses case Nigeria economy to understand extent which growth carbon emissions matters for renewable energy demands. Exploring both linear nonlinear ARDL modelling framework, main empirical findings are that amplified responsiveness consequence climate change has led increase in demand particula...

This paper introduces a Lagrange Multiplier (LM) test for testing an autoregressive structure in a binary time series model proposed by Kauppi and Saikkonen (2008). Simulation results indicate that the two versions of the proposed LM test have reasonable size and power properties when the sample size is large. A parametric bootstrap method is suggested to obtain approximately correct sizes also...