Showing 1 - 10 of 435
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
from 1976 to 2010 and cointegration test. The results show that the subsidies significantly influence export in the long …This paper examines the long-run relationship between subsidies and export for the case of Malaysia using annual data …-run. This support the argument by the non-neo-classical economists’ propagation that export promotion requires a pro …
Persistent link: https://www.econbiz.de/10009652051
The present study focuses on the cointegration between Export and Gross Domestic Product and its components at current … and constant prices. Time series data for Export and Gross Domestic Product and its components has been taken for the … period 1950-51 to 2001-02. In the long run export and GDP reveal that export and GDP at constant prices are not cointegrable …
Persistent link: https://www.econbiz.de/10005034977
In this paper, we use a wavelet filtering based approach to study the econometric relationship between exports, imports, and economic growth for Tunisia, using quarterly data for the period 1961:1-2007:4. GDP is used as a proxy for economic growth. We explore the interactions between these...
Persistent link: https://www.econbiz.de/10011108527
long run relationship between export and import. This implies that foreign trade deficit is sustainable in the Indian …
Persistent link: https://www.econbiz.de/10008560078
This paper measures the welfare implications of a depreciation of the US dollar against the euro using a dynamic equilibrium model. I calibrate a simple two country stochastic endowment economy with trade in goods and financial assets and exogenous variations in the exchange rate. The model...
Persistent link: https://www.econbiz.de/10005260133
This paper measures the welfare cost to consumers of the bloc of Central and Eastern European Countries (CEEC), plus Malta and Cyprus, of choosing a de- preciated conversion rate when joining the European Monetary Union. For this, I present and solve an appropriately calibrated small open...
Persistent link: https://www.econbiz.de/10005790003
It has been noted that there is an inconsistency between Moldova's monetary authorities' declared pursuit of price stability and the de facto exchange rate peg. This paper looks into the exchange rate regime of the Moldovan leu (MDL) aiming to identify the de facto regime, to test whether it can...
Persistent link: https://www.econbiz.de/10009226960
We build an optimising framework to analyse a class of economies that adopt an ECU-type basket currency while in transition to increased flexibility of the exchange rate regime. Instead of conventional basket pegging, such an economy uses an ECU-type currency index as a benchmark for monitoring...
Persistent link: https://www.econbiz.de/10009203615