Showing 1 - 10 of 61
konzentriert sich erstmals auf die Bundesrepublik Deutschland, deren Immobilienmarkt von einer moderaten Preisentwicklung … Autoregressiven Distributed Lag (ARDL)-Ansatzes werden Tests auf Kointegration der genannten Variablen durchgeführt. Nach Schätzungen …
Persistent link: https://www.econbiz.de/10008509517
We investigate the role of crude oil spot and futures prices in the process of price discovery by using a cost-of-carry model with an endogenous convenience yield and daily data over the period from January 1990 to December 2008. We provide evidence that futures markets play a more important...
Persistent link: https://www.econbiz.de/10008557209
This study develops a time series model of Turkish migration to Germany for the period 1963-2004 using the … cointegration technique. A single cointegrating relation between the migration flow variable and the relative income ratio between … Germany and Turkey, the unemployment rates in Germany and Turkey, and the trade variable, that captures intensity of bilateral …
Persistent link: https://www.econbiz.de/10004963965
exports affect economic growth via increases in productivity, the study uses Johansen cointegration technique. The estimation …
Persistent link: https://www.econbiz.de/10005068680
In this study we analyse the impact of workers' remittances on the decision to migrate by means of cointegration … migration to Germany over the period 1964-2004. A single cointegrating relation between the migration inflows and the relative … income ratio between Germany and Turkey, the unemployment rates in Germany and Turkey, the trade intensity variable, and …
Persistent link: https://www.econbiz.de/10005068698
Germany in comparison to other OECD countries over 1975-2005. We show that the long-run development of housing markets is … differential development of real housing prices in Canada and Germany is attributed to the specific values of the fundamentals in … these two countries. Canada and Germany are characterized by relatively low average growth rates of real disposable income …
Persistent link: https://www.econbiz.de/10005068727
rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co-integration … hypothesis necessarily holds in a European country like Germany where hysteretic effects may invalidate it. Inspired by the …
Persistent link: https://www.econbiz.de/10005068985
This paper examines the interactions between money, consumer prices and commodity prices at a global level from 1970 to 2008. Using aggregated data for major OECD countries and a cointegrating VAR framework, we are able to establish long run and short run relationships among these variables...
Persistent link: https://www.econbiz.de/10005068989
The present paper tests for the existence of multicointegration between real per capita private consumption expenditure and real per capita disposable personal income in the USA. In doing so, we exploit the fact that the flows of disposable income and consumption expenditure on the one hand, and...
Persistent link: https://www.econbiz.de/10005018683
In this paper we present an empirically stable euro area money demand model. Using a sample period until 2009:2 shows that the current financial and economic crisis that started in 2007 does not appear to have any noticeable impact on the stability of the euro area money demand function. We also...
Persistent link: https://www.econbiz.de/10008555901