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This paper is concerned with estimation of the parameters of a high-frequency VAR model using mixed-frequency data, both for the stock and for the flow case. Extended Yule–Walker estimators and (Gaussian) maximum likelihood type estimators based on the EM algorithm are considered. Properties of these estimators are derived, partly analytically and by simulations. Finally, the loss of information due to mixed-frequency data when compared to the high-frequency situation as well as the gain of information when using mixed-frequency data relative to low-frequency data is discussed.

The present study aims to assess the enrollment scenario of Library and Information Science (LIS) education across different states in India. The study is purely based on the secondary data collected and compiled by the Ministry of Human Resource and Development, Govt. of India under All India Survey of Higher Education (AISHE). The data were retrieved from the official website of the Ministry of Human Resource Development, Govt. of India, for the period from 2011–2012 to 2017–2018. From the data analysis, it emerged that of the 36 states and union territories in India, LIS education is being imparted across 32 states and union territories, accounting nearly 90% states of the country. Tamil Nadu is the leading state in India, producing nearly one-fourth of Library Science graduates each year. The male–female enrollment at the national level stands in the ratio of 48:52 students, respectively. Of the total enrollments made during the period of study, 96% students enrolled in Nagaland were male, while nearly 72% students enrolled in Goa were females. These and many more related aspects of LIS education in India have been discussed in detail.

It is generally recognised that companies spend approximately 50% of their marketing budget on promotional activities. Advertising belongs to the most visible areas of a company’s activity. Therefore, it should not be surprising that the average recipient associates marketing with advertising, competitions and leaflets about new promotions delivered to houses or offices. Advertising, especially Internet advertising, is one of the most effective forms of marketing and one of the fastest developing areas of business. New channels of communication are emerging all the time – the Internet, digital television, mobile telephony; accompanied by new forms, such as the so-called ambient media. Advertising benefits from the achievements of many fields of science, that is, psychology, sociology, statistics, medicine and economics. At the same time, it combines science and the arts – it requires both knowledge and intuition. Contemporary advertising has different forms and areas of activity; yet it is always closely linked with the operations of a company – it is a form of marketing communication.

The indices of marketing communication presented in this chapter are generally known and used not only by advertising agencies but also by the marketing departments of many organisations. Brand awareness, advertising scope and frequency, the penetration index or the response rate belong to the most widely used indices; others, like the conversion rate or the affinity index, will get increasingly more significant along with the process of professionalisation of the environment of marketing specialists in Poland and with increased pressure on measuring marketing activities. Marketing indices are used for not only planning activities, but also their evaluation; some of them, such as telemarketing, mailing and coupons, provide an extensive array of possibilities of performance evaluation.

Despite the difference in information sets, we are able to compare the asymptotic distribution of volatility estimators involving data sampled at different frequencies. To do so, we propose extensions of the continuous record asymptotic analysis for rolling sample variance estimators developed by Foster and Nelson (1996, Econometrica, 64, 139–174). We focus on traditional historical volatility filters involving monthly, daily and intradaily observations. Theoretical results are complemented with Monte Carlo simulations in order to assess the validity of the asymptotics for sample sizes and filters encountered in empirical studies.

Purpose – The purpose of this research is to design and build a wild animal pest repellent device with combination of passive infrared (PIR) sensor and ultrasonic signal based on microcontroller as system controller. The PIR sensor is used to detect the presence of wild animal objects and ultrasonic signals to interfere with the hearing.

Design/Methodology/Approach – The design of the system is built based on microcontroller as the system controller. The system as a whole includes hardware and software. The design of hardware consists of the system design on the transmitter side and the system design on the receiver side, while the software in the of system are algorithms using C language programming.

Findings – The resulting repellent device can detect animals approaching up to a distance of 5 m and may interfere with its hearing with a 40 kHz ultrasonic frequency up to a distance of 20 m. The system also uses remote monitoring devices using 433 MHz radio frequency up to a distance of 60 m.

Research Limitations/Implications – Each animal has different hearing frequencies, as well as some wild animals, but the hearing frequencies of wild animals are generally at ultrasonic frequencies. The frequency of animal hearing may vary from audio frequency to ultrasonic frequency, so ultrasonic wave emission testing with varying frequencies is required.

Practical Implications – This research combines systems on transmitters and receivers, with real-time monitoring of wild animal positions, and it can be possible to monitor the position of more detailed animals by installing more types of sensors as well as increasing the number of sensors.

Originality/Value – This paper may provide additional insight into the hearing frequencies of animals and may also serve as comparable papers for similar studies.

This article proposes a new approach to detecting the presence of common cyclical features when several time series are sampled at different frequencies. We generalize the common-frequency approach introduced by Engle and Kozicki (1993) and Vahid and Engle (1993). We start with the mixed-frequency VAR representation investigated in Ghysels (2012) for stationary time series. For non-stationary time series in levels, we show that one has to account for the presence of two sets of long-run relationships. The first set is implied by identities stemming from the fact that the differences of the high-frequency I (1) regressors are stationary. The second set comes from possible additional long-run relationships between one of the high-frequency series and the low-frequency variables. Our transformed vector error-correction model (VECM) representations extend the results of Ghysels (2012) and are important for determining the correct set of variables to be used in a subsequent common cycle investigation. This fact has implications for the distribution of test statistics and for forecasting. Empirical analyses with quarterly real gross national product (GNP) and monthly industrial production indices for, respectively, the United States and Germany illustrate our new approach. We also conduct a Monte Carlo study which compares our proposed mixed-frequency models with models stemming from classical temporal aggregation methods.

The chapter considers parameter identification, estimation, and model diagnostics in medium scale DSGE models from a frequency domain perspective using the framework developed in Qu and Tkachenko (2012). The analysis uses Smets and Wouters (2007) as an illustrative example, motivated by the fact that it has become a workhorse model in the DSGE literature. For identification, in addition to checking parameter identifiability, we derive the non-identification curve to depict parameter values that yield observational equivalence, revealing which and how many parameters need to be fixed to achieve local identification. For estimation and inference, we contrast estimates obtained using the full spectrum with those using only the business cycle frequencies to find notably different parameter values and impulse response functions. A further comparison between the nonparametrically estimated and model implied spectra suggests that the business cycle based method delivers better estimates of the features that the model is intended to capture. Overall, the results suggest that the frequency domain based approach, in part due to its ability to handle subsets of frequencies, constitutes a flexible framework for studying medium scale DSGE models.