Related papers: Inflation as a function of labor force change rate…
The scale at which supersymmetry is broken and the mechanism by which supersymmetry breaking is fed down to the observable sector has rich implications on the way Nature may have chosen to accomplish inflation. We discuss a simple model for…
Monetary inflation is a sustained increase in the money supply than can result in price inflation, which is a rise in the general level of prices of goods and services. The objectives of this paper were to develop economic models to (1)…
Cosmic inflation driven by the vacuum energy associated with the $D$-term of a supersymmetric abelian gauge group and a possible existence of long-range force mediated by an ultra-light gauge boson $Z^\prime$ are two extreme examples of…
There has been much recent discussion, and some confusion, regarding the use of existing observational data to estimate the likelihood that next-generation cosmic microwave background (CMB) polarization experiments might detect a nonzero…
High dimensional error covariance matrices and their inverses are used to weight the contribution of observation and background information in data assimilation procedures. As observation error covariance matrices are often obtained by…
Johansen's (1988, 1991) likelihood ratio test for cointegration rank of a Gaussian VAR depends only on the squared sample canonical correlations between current changes and past levels of a simple transformation of the data. We study the…
This paper proposes a new approach to identifying the effective cointegration rank in high-dimensional unit-root (HDUR) time series from a prediction perspective using reduced-rank regression. For a HDUR process $\mathbf{x}_t\in…
Testing the so-called consistency relations plays an important role for distinguishing the different classes of inflation models. In this paper, we investigate the possible testing based on the potential observations of the cosmic microwave…
The semivarying coefficient models are widely used in the application of finance, economics, medical science and many other areas. The functional coefficients are commonly estimated by local smoothing methods, e.g. local linear estimator.…
The effect of the length of inflation on the power spectra of scalar and tensor perturbations is estimated using the power-law inflation model with a scale factor of a(t) = t^q. Considering various pre-inflation models with…
Linear regression and classification methods with repeated functional data are considered. For each statistical unit in the sample, a real-valued parameter is observed over time under different conditions related by some neighborhood…
Let ${\mathscr L}^H(x,t)=2H\int_0^t\delta(B^H_s-x)s^{2H-1}ds$ be the weighted local time of fractional Brownian motion $B^H$ with Hurst index $1/2<H<1$. In this paper, we use Young integration to study the integral of determinate functions…
We consider a $d$-dimensional continuous martingale $X(t)$ with quadratic variation matrix $\langle X\rangle_t=\int_0^t \Sigma(s)\,ds$ and develop tests for the rank of its spot covariance matrix $\Sigma(t)$, $t\in[0,1]$. The process $X$ is…
We introduce an innovative framework that leverages advanced big data techniques to analyze dynamic co-movement between stocks and their underlying fundamentals using high-frequency stock market data. Our method identifies leading…
This proceedings contribution provides an overview of Loop Blow-up Inflation and updates its observational predictions and their comparison with the latest CMB and BAO data from combined analyses of SPT, Planck, ACT, and BICEP/Keck, as well…
The aim here is to address the origins of sustainability for the real growth rate in the United States. For over a century of observations on the real GDP per capita of the United States a sustainable two percent growth rate has been…
This paper analyzes how interaction effects can be consistently estimated under economically plausible assumptions in linear panel models with a fixed $T$-dimension. We advocate for a \emph{correlated interaction term estimator} (CITE) and…
Ten years ago we presented a modified version of Okun law for the biggest developed economies and reported its excellent predictive power. In this study, we revisit the original models using the estimates of real GDP per capita and…
We propose a new approach for analyzing price fluctuations in their strongly correlated regime ranging from minutes to months. This is done by employing a self-similarity assumption for the magnitude of coarse-grained price fluctuation or…
Gauge-flation is a recently proposed model in which inflation is driven solely by a non-Abelian gauge field thanks to a specific higher order derivative operator. The nature of the operator is such that it does not introduce ghosts. We…