A cointegrating SVAR model is used to represent the dynamics of the Indonesian macro-economy. Through the cointegration analysis in the VEC methodology, long run relations among variables of the model are depicted by money demand and IS equations, whereas via the SVAR framework, shocks to...

Since 1990, the European Union (EU) is New Zealand’s second biggest trading partner after Australia. New Zealand’s exports to the EU are mainly in agricultural products, such as sheep-meat, butter, venison, kiwifruit, apples, wools, hides and skins. New Zealand, on the other hand, imports...