Savagar, Anthony

Start date:
October 2011
Research Topic:
DSGE models with nonstationary data
Research pathway:
Research Supervisor:
Professor Patrick Minford
Supervising school:
Cardiff Business School,
Primary funding source:
ESRC Studentship

Macroeconomic data is nonstationary; normally economists filter macro time series to induce stationarity. I conjecture that using nonstationary data can improve modelling. Working with nonstationary data causes mathematical and computational problems.