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The finding of nonlinear cointegration between Asian exchange rates with the corresponding relatives prices and …
Persistent link: https://www.econbiz.de/10011267871
The finding of nonlinear cointegration between Asian exchange rates with the corresponding relatives prices and …
Persistent link: https://www.econbiz.de/10005025696
Breitung’s (2001) rank tests for cointegration. Results from further analysis indicates that nominal exchange rates and …
Persistent link: https://www.econbiz.de/10005055498
Three well-known single equation cointegration tests are employed to test for purchasing power parity (PPP) in updated …
Persistent link: https://www.econbiz.de/10005616859
rate using Johansen (1988) and Johansen and Juselius (1990) multivariate cointegration and bound testing approach to … cointegration (Pesaran et al., 2001) over the period 1982Q2-2005Q4. We find a considerable support for the existence of long-run PPP …
Persistent link: https://www.econbiz.de/10005621557
single equation regressions for cointegration. Using an updated version of the data set developed by Taylor (2002), the ILE …
Persistent link: https://www.econbiz.de/10008578217
investigate the existence of stationary real exchange rates and cointegration between nominal exchange rates and relative prices …. The results from various unit root tests and cointegration test show that PPP does not seem to hold in Thailand. …
Persistent link: https://www.econbiz.de/10011113629
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
“If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.” (Keynes, 1931). Then macroeconomics would transform into a useful and routine type of engineering, which will prevent the emerging of recessions. However,...
Persistent link: https://www.econbiz.de/10011259036