This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and 1998-2000. We estimate by maximum likelihood a dynamic panel

Testing the hypothesis that international equity market correlation increases in volatile times is a difficult exercise and misleading results have often been reported in the past because of a spurious relationship between correlation and volatility. This paper focuses on extreme correlation

of writing, including both technical and nontechnical genres. Several approaches have been proposed to retrieve various types of collocations from the analysis of large samples of textual data. These techniques automatically produce large numbers of collocations along with statistical figures intended

to malevolent code. In our approach, the operating system identifies a set of input channels as spurious, and the processor tracks all information flows from those inputs. A broad range of attacks are effectively defeated by disallowing the spurious data to be used as instructions or jump target addresses. We

We test for the presence of long memory in daily stock returns and their squares using a robust semiparametric procedure. Spurious results can be produced by nonstationarity and aggregation. We address these problems by analyzing subperiods of returns and using individual stocks. The test results

Even though stock returns are not highly autocorrelated, there is a spurious regression bias in predictive regressions for stock returns related to the classic studies of Yule (1926) and Granger and Newbold (1974). Data mining for predictor variables interacts with spurious regression bias. The two

In this paper, we address the problem of robust data association for simultaneous vehicle localization and map building. We show that the classical gated nearest neighbor approach, which considers each matching between sensor observations and features independently, ignores the fact

the arcsine-square-root transformation to proportional data, ANOVA can yield spurious results. I discuss conceptual issues underlying these problems and alternatives provided by modern statistics. Specifically, I introduce ordinary logit models (i.e. logistic regression), which are well-suited to analyze

useful about the causal mechanisms that underly the observations. We propose a minimal-model semantics of causation, and show that, contrary to common folklore, genuine causal influences can be distinguished from spurious covariations following standard norms of inductive reasoning. We also establish a

This article assesses the sources and consequences of public disorder. Based on the videotaping and systematic rating of more than 23,000 street segments in Chicago, highly reliable scales of social and physi-cal disorder for 196 neighborhoods are constructed. Census data, police records