What is the meaning of Stationary?

Stationary refers to a time series or time series process which has a natural mean or tendency towards one. Over time and given larger samples, some economic time series tend to converge towards a natural level with stable volatilities. This compares to Nonstationary.

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APABarry Goldsmith. (2010). stationary. Retrieved September 26, 2026, from http://smartdefine.org/stationary/definitions/1164150
ChicagoBarry Goldsmith. 2010. "stationary" http://smartdefine.org/stationary/definitions/1164150 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, stationary, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/stationary/definitions/1164150>.
MLABarry Goldsmith. "stationary" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/stationary/definitions/1164150>
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