Assembles three different strands of long memory analysis: statistical literature on the properties of, and tests for, LRD processes; mathematical literature on

This book presents the applications of fractional calculus, fractional operators of non-integer orders and fractional differential equations in describing econo

Long memory time series are characterized by a strong dependence between distant events.

Long-memory processes are known to play an important part in many areas of science and technology, including physics, geophysics, hydrology, telecommunications,

This book presents a novel approach to time series econometrics, which studies the behavior of nonlinear stochastic processes. This approach allows for an arbit