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Regional and Outward Economic Integration in South-East Asia

Weber, Enzo - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2007

The subject of this paper tackles questions of macroeconomic integration of the South-East Asian countries South Korea …

Persistent link: https://www.econbiz.de/10005861044

Rules, Discretion or Reputation? Monetary Policies and the Efficiency of Financial Markets in Germany, 14th to 16th Centuries

Volckart, Oliver - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2007

This paper examines the questions of whether and how feudal rulers were able tocredibly commit to preserving monetary stability, and of which consequences theirdecisions had for the efficiency of financial markets. The study reveals that princes were usually only able to commit to issuing a...

Persistent link: https://www.econbiz.de/10005861191

What kind of shock was it? Regional Integration and Structural Change in Germany after Unification

C. Burda, Michael - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2006

repercussions for the West as well and an integration process involving both capital deepening (extensive and intensive investment …) and labor thinning (net out-migration). I propose a constant-returns neoclassical model of economic integration which can …

Persistent link: https://www.econbiz.de/10005861208

Macroeconomic Integration in Asia Pacific: Common Stochastic Trends andBusiness Cycle Coherence

Weber, Enzo - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2006

This paper addresses the question of macroeconomic integration in the Asian Pacific region. Economically, the analysis …

Persistent link: https://www.econbiz.de/10005861417

Bootstrapping Systems Cointegration Tests with a Prior Adjustment forDeterministic Terms

Trenkler, Carsten - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2006

In this paper we analyse bootstrap procedures for systems cointegration tests with a prior adjustment for deterministic terms suggested by Saikkonen & Lüutkepohl (2000b) and Saikkonen,Lütkepohl & Trenkler (2006). The asymptotic properties of the bootstrap test procedures are derived and their...

Persistent link: https://www.econbiz.de/10005861697

Estimation and Testing for Varying Coefficients in Additive Models with Marginal Integration

Yang, Lijian; Park, Byeong U.; Xue, Lan; Härdle, Wolfgang - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2005

We propose marginal integration estimation and testing methods for the coefficients of varying coefficient multivariate …

Persistent link: https://www.econbiz.de/10005861878

The Influence of Information Costs on the Integration of Financial Markets : Northern Europe, 1350-1560

Volckart, Oliver - Sonderforschungsbereich Ökonomisches Risiko <Berlin>

In this paper, the influence of information costs on the integration of Northern European financial markets between ca … measuring one of these, i.e. the costs of transmitting information, which have particular importance for market integration... …

Persistent link: https://www.econbiz.de/10005854705