Chi-Chuan Lee

TL;DR: In this paper, the authors apply the panel seemingly unrelated regressions augmented Dickey-Fuller (Panel SURADF) test developed by Breuer et al. to investigate whether the hypothesis of energy consumption stationarity is supported in different regions and find that the impact of a reduction in energy consumption or a realignment policy is only temporary, and over time the series will revert back to the trend path.

TL;DR: In this article, a quantile unit-root test is employed to identify financial asset predictability in five real estate investment trust (REIT) classifications, and the empirical results reveal a distinct pattern that mean reversion is found for relatively high REIT prices, while random walk properties only exist for those relatively low prices.

TL;DR: In this article, the authors investigated whether the stationarity hypothesis of non-life insurance consumptions is supported during the period 1979-2005 for 31 countries and found that whether nonlife insurance consumption is stationary or not will be affected by different regions and their levels of development.