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MODEL OF INFLATION PROCESSES IN THE REPUBLIC OF BELARUS

Chernookiy, Valery - EconWPA - 2005

This paper discusses the econometric model of inflation processes in the Republic of Belarus which makes it possible to … econometrics: cointegration analysis and error-correction models. The model has good statistical properties, it demonstrates …

Persistent link: https://www.econbiz.de/10005561160

Estimation of Some Omani Macroeconomic Parameters - A Discussion

Rao, Ananth - EconWPA - 2003

The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...

Persistent link: https://www.econbiz.de/10005561154

Linkages between Stock Prices and Exchange Rates in the EU and the United States

Stavarek, Daniel - EconWPA - 2004

This paper investigates the nature of the causal relationship between stock prices and effective exchange rates in four old EU-member countries (Austria, France, Germany, and the UK), four new EU-member countries (Czech Republic, Hungary, Poland, and Slovakia) and in the USA. Both the long-run...

Persistent link: https://www.econbiz.de/10005134673

Nonlinear dynamics of interest rate and inflation

Lanne, Markku - EconWPA - 2004

According to several empirical studies, US inflation and nominal interest rates, as well as the real interest rate, can … be described as unit root processes. These results imply that nominal interest rates and expected inflation do not move … the three-month treasury bill rate and inflation share a common nonlinear component that explains a large part of their …

Persistent link: https://www.econbiz.de/10005561249

Foreign Capital, Inflation, Sterilization, Crowding-Out and

Singh, Nirvikar; Srinivasan, T.N. - EconWPA - 2004

large current account deficit or rise in inflation or interest rates, a rising inflow of external capital, accompanied by … the RBI’s sterilizing these inflows and accumulating large reserves, even in the face of low inflation. We offer a …

Persistent link: https://www.econbiz.de/10005125512

State Space Modelling of Cointegrated Systems using Subspace Algorithms

Izquierdo, Segismundo; Cesï¿½reo Hernï¿½ndez; … - EconWPA - 2005

The use of subspace algorithms for the identification of non-stationary cointegrated stochastic systems is a promising technique that is currently under discussion. A revision of the literature provides two distinct algorithms: State Space Aoki Time Series (SSATS) identification algorithm (Aoki...

Persistent link: https://www.econbiz.de/10005407877

An Empirical Analysis of Permanent Income Hypothesis Applied to Italy using State Space Models with non zero correlation between trend and cycle

Corradini, Riccardo - EconWPA - 2005

This article explores by an econometric approach the permanent income hypothesis. The classical cointegration analysis …

Persistent link: https://www.econbiz.de/10005407948

LUSO-SPANISH-FRANCO-ENGLISH RELATIONS VIEWED FROM THE ENTRANCE OF FOREIGN INVESTMENT FUNDS

manso, jose r. p. - EconWPA - 2004

stationarity, integration and cointegration, that continues by the appreciation of the multilateral and bilateral causality among …

Persistent link: https://www.econbiz.de/10005408149

LUSO-SPANISH-FRANCO-ENGLISH RELATIONS VIEWED FROM THE ENTRANCE OF FOREIGN INVESTMENT FUNDS

manso, jose ramos pires - EconWPA - 2004

stationarity, integration and cointegration, that continues by the appreciation of the multilateral and bilateral causality among …

Persistent link: https://www.econbiz.de/10005408172

The Liquidity Effect: Identifying Permanent and Transitory Components of Money Growth

Crowder, William J. - EconWPA - 1997

One strand of the recent literature on the monetary transmission process has focued upon the weak empirical evidence of a liquidity effect in the U.S. This study uses structural VAR methods to reexamine the liquidity effect.

Persistent link: https://www.econbiz.de/10005076847