8 Collect data from various sources and test for persistence in the following time series: (a) the...
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8 Collect data from various sources and test for persistence in the following time series:
(a) the spot foreign exchange rates of selected industrialised nations and developing economies vis-à-vis the US$, testing one individual time series each time,
(b) GDP of selected countries, testing one individual time series each time,
(c) nominal interests in selected countries, testing one individual time series each time.
What do you find of their characteristics?
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