Language has a long memory, and centuries of commercial and maritime rivalry are not easily forgotten.
Note that long memory may create persistent volatility.
When = 0, the process has standard long memory and when is a seasonal frequency the process is said to have seasonal long memory.
A value of d = 0 would indicate the absence of long memory, whereas d significantly above zero speaks in favor of long-term dependence.
This, in turn, means that the dependence structure is short memory and not long memory.
Indicative of its long memory, the fractional series autocorrelations remain statistically significant through thirty-three consecutive lags - nearly three years, if data were gathered on a monthly basis.
Intermittency, long memory and financial returns.
A long memory is necessary in politics, but long experience in a fighting service is a much greater asset.