Cointegration analysis is applied to investigate the long run relationships between money, prices, and wages in Norway …

This study presents a multivariate analysis of the stability of long-run relationships between variables that influence …, as this allows for more than one cointegration relationship and to test restrictions on the cointegration space. In … contrast to most other studies on German monetary policy, three stable and economically plausible cointegration relationships …

The stability of German money demand has been analyzed in a series of papers in recent years, especially since … unification. In this paper the critical question of stability is reviewed, using various estimation techniques and testing … procedures for long-run stability. To take financial innovations into account, the opportunity cost measure is calculated by …

; Innovation ; Pharmaceuticals ; Health care expenditure ; Cointegration …

and product price dynamics using cointegration and error correction models. Subsequently we use the error correction …

Johansen cointegration technique which is appropriate for empirical testing based on time series. The empirical results suggest …