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This paper attempts to test the pass-through of the real exchange rate (RERT) to unemployment in Brazil over the period 1981M1–2015M11 using linear and nonlinear Autoregressive Distributed Lag (ARDL) models. The result of the linearity test suggests that the relationship between RERT and...
Persistent link: https://www.econbiz.de/10011902825
-term shock, which confirms the stability of Sudanese economic system through stock market performance, equals 24% only. Although …
Persistent link: https://www.econbiz.de/10012311623
The macroeconomic outcomes of oil price fluctuations have been at the forefront of the debate among economists, financial analysts and policymakers over the last decades. Among others, the oil price-food price nexus has particularly received a great deal of attention. While an abundant body of...
Persistent link: https://www.econbiz.de/10012020543
cointegration approach. The fully modified ordinary least squares (FMOLS), dynamic ordinary least squares (DOLS), and the canonical …
Persistent link: https://www.econbiz.de/10011853654
The main contribution of this article is to examine the productivity spillover effects from India’s inward foreign direct investment (FDI), controlling for trade, in the framework of the cointegrated vector autoregression (CVAR). For this purpose, using the Solow residual approach the...
Persistent link: https://www.econbiz.de/10011754019
inflation for promoting price stability, it is necessary to find efficacious leading indicators and a hedging mechanism. Using …
Persistent link: https://www.econbiz.de/10014231113
Engle and Granger, the order of integration of the estimated errors is very close to 1, showing no evidence of cointegration … cointegration, indicating evidence of long-term co-movements between the two indices. The findings suggest that investment … diversity to improve market stability. …
Persistent link: https://www.econbiz.de/10014636175
cointegration for model selection. The aim of this paper was twofold; one was to evaluate the performance of these five routinely … (Brazil, Russia, India, China and South Africa) countries using Bounds cointegration test. It was found that information …
Persistent link: https://www.econbiz.de/10012238626
by a variety of tests of cointegration using time-series as well as panel data. …
Persistent link: https://www.econbiz.de/10011379988
Persistent link: https://www.econbiz.de/10010233817