Search Results - subject:"I(2)"

Monopolistic Competition in Switzerland and Mark-up Pricing Over the Business Cycle

Müller, Christian - KOF Swiss Economic Institute, Department of Management, … - 2004

We investigate how firms' market power affects the price level. In our small macro- model we show, that firms - in addition to hypothesised structural mark-up pricing power - may take advantage of favourable business cycle fluctuations. The paper provides empirical evidence for both these...

Persistent link: https://www.econbiz.de/10005731498

Common trends and cycles in I(2) VAR systems

Paolo, Paruolo - Facoltà di Economia, Università degli Studi dell'Insubria - 2004

This paper analyzes common cycles in I(2) vector autoregressive (VAR) systems. We consider di®erent choices of …

Persistent link: https://www.econbiz.de/10005612161

Multicointegration in US consumption data

Siliverstovs, Boriss - 2003

, in which multicointegration is likely to occur. We apply recently developed I(2) techniques for testing for …

Persistent link: https://www.econbiz.de/10010260704

Multicointegration in US Consumption Data

Siliverstovs, Boriss - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2003

, in which multicointegration is likely to occur. We apply recently developed I(2) techniques for testing for …

Persistent link: https://www.econbiz.de/10005018683

Common trends and cycles in I(2) VAR systems

Paolo, Paruolo - Facoltà di Economia, Università degli Studi dell'Insubria - 2003

This paper discusses common cycles in I(2) vector autoregressive (VAR) systems. Both static and dynamic cofeatures are …

Persistent link: https://www.econbiz.de/10005612147

Likelihood Ratio Testing for Cointegration Ranks in I(2) Models.

Nielsen, Heino Bohn; Rahbek, Anders - Økonomisk Institut, Københavns Universitet - 2003

the I(2) vector autoregressive model. It is shown that the asymptotic distribution of the LR test for the (multi … the hypothesis of I(2), and application of the LR test may change rank selection in empirical work. Based on a study of … properties when compared to the Two-Step based test. Overall, we propose to use of the LR test for rank determination in I(2 …

Persistent link: https://www.econbiz.de/10005749771

Inflation Adjustment in the Open Economy: An I(2) Analysis of UK Prices

Nielsen, Heino Bohn; Bowdler, Christopher - Economics Group, Nuffield College, University of Oxford - 2003

consumption growth. The nominal variables, treated as I(2) here, form a linearly homogeneous relation, suggesting a transformation …

Persistent link: https://www.econbiz.de/10005549191

Inflation Adjustment in the Open Economy: An I(2) Analysis of UK Prices

Bowdler, Christopher; Nielsen, Heino Bohn - Department of Economics, Oxford University - 2003

consumption growth. The nominal variables, treated as I(2) here, form a linearly homogeneous relation, suggesting a transformation …

Persistent link: https://www.econbiz.de/10010604928

Multicointegration in US consumption data

Siliverstovs, Boriss - 2003

, in which multicointegration is likely to occur. We apply recently developed I(2) techniques for testing for …

Persistent link: https://www.econbiz.de/10011439261

Chapter 3. Overeducation and Mismatch in the Labor Market

Leuven, Edwin; Oosterbeek, Hessel - In: Handbook of the economics of education : volume 4, (pp. 283-326). 2011

This chapter surveys the economics literature on overeducation. The original motivation to study this topic reports that the strong increase in the number of college graduates in the early 1970s in the United States led to a decrease in the returns to college education. We argue that Duncan and...

Persistent link: https://www.econbiz.de/10014025643