Kiran, Burcu - In: Global Economic Review 41 (2012) 3, pp. 279-290
This article investigates the fractional cointegration relationship between long-term interest rates of G7 countries over the period from 1990:01 to 2010:04 by estimating the cointegrating regressions for possible bivariate, trivariate and four-variate subsystems as well as the full system. The...