CONTACT: SCOTT HAUSER
100 Old Public Library
Iowa City IA 52242
(319) 384-0007; fax (319) 384-0024
Paper by UI economics faculty chosen by editors of national journal
IOWA CITY, Iowa -- A paper analyzing stock market data by two faculty
in the University of Iowa College of Business Administration has been chosen
as the 1997 invited address of the Journal of Business Economics and Statistics.
The paper, "Real and Spurious Long Memory Properties of Stock Market
Data," by N. E. Savin, professor of economics, and Ignacio N. Lobato,
assistant professor of economics, will be published in a forthcoming issue
of the journal along with comments by a panel of discussants.
The Journal of Business and Economic Statistics, a publication of the
American Statistical Association, publishes articles dealing with a broad
range of applied problems in business and economic statistics.
The invited address is chosen each year by the editors of the journal
to be presented as the focus of a discussion among business statisticians