Measuring persistence in aggregate output: ARMA models, fractionally integrated ARMA models and nonparametric procedures

Spectral Analysis and Time Series

David B. Preston · Technometrics · 1983 · 4.9K citations

Natural Sciences, Mathematics, Physics +14

Trends and random walks in macroeconmic time series

Charles R. Nelson, Charles R. Plosser · Journal of Monetary Economics · 1982 · 4.7K citations

Engineering, Economics, Mathematics +14

How Big Is the Random Walk in GNP?

John H. Cochrane · Journal of Political Economy · 1988 · 1.3K citations

Engineering, Demography, Forecasting +12

Univariate detrending methods with stochastic trends

Mark W. Watson · Journal of Monetary Economics · 1986 · 870 citations

Computing, Finance, Financial Economics +9

Are Output Fluctuations Transitory?

John Y. Campbell, N. Gregory Mankiw · The Quarterly Journal of Economics · 1987 · 783 citations

Social Sciences, Economics, Forecasting +7