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-1946. In doing so, a relatively novel data-set in conjunction with the bound testing approach to cointegration and error … long-run relationship between money supply and inflation. Granger causality tests between money supply and prices are also … conducted in the effort to ascertain the direction of causality between money supply and the (hyper)inflation rate. …
Persistent link: https://www.econbiz.de/10011113663
of comparable VAR that fails to recognize that the system is characterized by cointegration. I use Monte Carlo simulation … knowledge of cointegration rank. Furthermore the results indicate that a cointegration modeling of credit risk should be favored …
Persistent link: https://www.econbiz.de/10005622096
of comparable VAR that fails to recognize that the system is characterized by cointegration. I use Monte Carlo simulation … knowledge of cointegration rank. Furthermore the results indicate that a cointegration modeling of credit risk should be favored …
Persistent link: https://www.econbiz.de/10005789941
fluctuation with GDP, exports and inflation in Pakistan. Our results confirmed cointegration among the variables when GDP was …In this study we employed the ARDL bound test in order to detect cointegration relation of oil price and oil price … considered as dependent variable, while in case of inflation as responding variable, the long run relation among the variables …
Persistent link: https://www.econbiz.de/10011107799
the naive one by a factor of 2 to 3. The relationships for inflation were successfully tested for cointegration. We have … and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and …
Persistent link: https://www.econbiz.de/10011109998
distributed lags’ and Johansen-Juselius cointegration models. The empirical analysis is based on a dataset of demand pull and cost … push inflation indicators. We used the monthly data for a period of 2005 to 2012. The findings of this study reveal that in …. Nevertheless, in the short run only world wheat price and labor supply has significant impact. In case of demand pull inflation, in …
Persistent link: https://www.econbiz.de/10011258079
Inflation has been the major global economic problem for most economies throughout the world over the last three … money. According to this hypothesis, inflation results solely from a maintained expansion of the money stock at rates in …, which may have influenced prices, were included in the cointegration regressions. Second, the finding of a unidirectional …
Persistent link: https://www.econbiz.de/10011258231
framework. Using the Johansen cointegration procedure, results indicate the existence of one cointegrating vectors at least for …
Persistent link: https://www.econbiz.de/10011259175
cointegration approach. The results suggest debt servicing, inflation and private investment to be negatively associated. The study … investment to foreign direct investment, inflation rate to private investment and from private investment to exchange rate but …
Persistent link: https://www.econbiz.de/10011259941
investors to invest more in Indian equity markets. Furthermore, domestic inflation exerts negative and positive significant … essentially determined by exchange rate, domestic inflation, domestic equity market returns, returns and risk associated with US …
Persistent link: https://www.econbiz.de/10011113277