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The article studies the conceptions of causality encountered in macroeconometrics. From an empiricist standpoint, it is … research in causality in this area. The authors seek to establish in particular the type of causality underpinning the … approaches put forward by Clive Granger and Christopher Sims. They show that this definition of causality has distinctive …
Persistent link: https://www.econbiz.de/10009024335
evidence of causality between different variables and we end with an impulse analysis. The empirical results that we get are …
Persistent link: https://www.econbiz.de/10005249368
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In this paper, we estimate and analyse a set of equations of French inflation for forecasting purpose at the horizon of three months, six months and one year. A different equation is associated to each horizon. This approach has the advantage of modeling directly the variable of interest at the...
Persistent link: https://www.econbiz.de/10009001111
to the long run specifications and to the cointegration problems. The equations are estimated on the non-farm business …
Persistent link: https://www.econbiz.de/10009003517
In this paper, we aim to test the empirical validity of the QTM relationship for the Turkish economy. Using some contemporaneous time series estimation techniques, our estimation results reveal that stationarity characteristics of the velocities of currency in circulation and the broad money...
Persistent link: https://www.econbiz.de/10008554116
Tunisia has experienced a performance when pursuing a constant real exchange rate rule. The limitations of this rule are beginning to emerge in the context of a more open economy, which desire to relax capital controls. This paper estimates the equilibrium real exchange rate of the dinar vis...
Persistent link: https://www.econbiz.de/10008524033