The Fisher effect postulated that real interest rate is constant, and that nominal interest rate and expected inflation … interest rate and inflation rate while rejecting the notion of a full Fisher Effect. The dynamic relationship between nominal … interest rate and inflation rate is also examined from the error-correction models derived, and the analysis is extended to …

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 … against the prevalent level or differenced estimation. …

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 … against the prevalent level or differenced estimation. …

). Our estimation techniques include Johansen cointegration test and the dynamic ordinary least squares (DOLS). We find that … the DOLS procedure is not applicable for our data set. However, our results from Johansen cointegration test reveal that …

econometric techniques namely Unit root test, cointegration test, vector auto correction model (VECM), Granger-Causality test and …

cointegration approach and Engle Granger Error Corection Model (ECM), covering monthly time series data from January 2000 to April … 2010, both short run and long run relationships are investigated. It is found out that there is cointegration relationship …

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 …

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 …

. Nevertheless, in the short run only world wheat price and labor supply has significant impact. In case of demand pull inflation, in … 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 …