Örsal, Deniz Dilan Karaman (contributor) - 2007
monthly data.
12Germany, France, Italy, Netherlands, Spain, Finland, Austria, Ireland, Portugal, Belgium, US,
Japan, UK …, Denmark, Mexico, Norway, Iceland, Sweden, Canada.
13US, Korea, Japan, UK, Denmark, Mexico, Norway, Iceland, Hungary, Sweden … the null hypothesis of ri = 1, except for Japan. Standardized LR-
bar test accepts the hypothesis of cointegrating rank of …