“...We consider model based inference in a fractionally cointegrated (or cofractional) vector autoregressive model, based on the Gaussian likelihood conditional on...”

“...On its first appearance in 1891, Brahms' Clarinet Quintet was immediately recognised as a remarkable achievement, and a century later it still has the power to...”

“...This paper discusses identification problems in the fractionally cointegrated system of Johansen (2008) and Johansen and Nielsen (2012). It is shown that...”

“...We calculate, by simulations, numerical asymptotic distribution functions of likelihood ratio tests for fractional unit roots and cointegration rank. Because...”

“...Increased economic growth and demand for energy in emerging economies is creating an opportunity for these countries to increase their usage of renewable...”