Lead supervisor:
Prof Patrick Minford 
Start date: October 2011
Award: General
Subject Pathway:
Economics
Thematic Cluster:
Economy, Enterprise, and Productivity Cluster
DSGE models with nonstationary data
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.