Stationarity and Invertibility

  • John D. Levendis
Part of the Springer Texts in Business and Economics book series (STBE)


Most time-series methods are only valid if the underlying time-series is stationary. The more stationary something is, the more predictable it is. More specifically, a time-series is stationary if its mean, variance, and autocovariance do not rely on the particular time period.


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© Springer Nature Switzerland AG 2018

Authors and Affiliations

  • John D. Levendis
    • 1
  1. 1.Department of EconomicsLoyola University New OrleansNew OrleansUSA

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