Essays on persistence in economic time series [Elektronische Ressource] / von Robinson Kruse

aEssays on Persistence in Economic Time SeriesVon der Wirtschaftswissenschaftlichen Fakult˜at derGottfried Wilhelm Leibniz Universit˜at Hannoverzur Erlangung des akademischen GradesDoktor der Wirtschaftswissenschaften¡ Doctor rerum politicarum¡genehmigte DissertationvonDiplom-Volkswirt Robinson Krusegeboren am 25. Oktober 1981 in Wien2009aReferent: Prof. Dr. Philipp Sibbertsen, Leibniz Universit˜at HannoverKoreferent: Prof. Dr. J˜org Breitung, Universit˜at BonnTag der Promotion: 14.11.2008aNichts ist getan, wenn noch etwas zu tun ubrig˜ ist.{ Carl Friedrich Gau…AcknowledgementsIamgratefultomyadvisorandco-authorPhilippSibbertsen. Hesupportedmestrongly,gavemealotoflibertiesandconfldence. Moreover,Iwasabletobenefltfromhisresearchexpertise, especially in the fleld of long memory time series processes. I have to thank allmy colleagues at the Institute of Statistics, especially Gudrun Westphal, for providingme an enjoyable working atmosphere.Moreover, I am grateful to J˜org Breitung for all of his valuable advices, efiorts and sup-port. I am indebted to my other co-authors Michael Fr˜ommel and Lukas Menkhofi and Iwould like to thank Jurgen˜ Wohlers and his team from the computer lab (ITS-Pool) forgenerous technical assistance.My friends at the universities of Berlin, Hannover and Leipzig, Marion Berlauer, ChrisHecker, Falko Tabbert and Christina Ziegler, also deserve a great deal of gratitude.