cointegration methods. In contrast to the bulk of the literature, evidence in favour of a stable long run money demand function is …

stability of the euro area money demand function. We also compare single equation methods like the ARDL approach, FM-OLS, CCR … applied for this purpose in previous studies. -- ARDL model ; cointegration ; euro area ; financial crisis ; money demand …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … demand equation is sufficient, at least as a rough indication. -- Money demand ; inflation ; excess liquidity ; cointegration …

-variate time series modelling using aggregated data of all eleven European Monetary Union member states. A cointegration analysis …

paper re-investigates the stability properties of M3 demandin the euro area in the light of the recent economic crisis. A … cointegration analysis isperformed over the sample period 1983 Q1 and 2015 Q1 and leads to a well-identified modelcomprising real …

corresponding error correction model survives a battery of specification tests. -- Cointegration analysis ; error correction …

. -- Term structure ; long memory ; fractional integration ; fractional cointegration …

This paper examines several US monthly financial time series data using fractional integration and cointegration … exploiting recent developments in fractional cointegration allows to investigate in greater depth the relationships between …. -- Fractional integration ; long-range dependence ; fractional cointegration ; financial data …

policies might be necessary for achieving financial and economic stability in these countries. …