Showing 1 - 10 of 58
Persistent link: https://www.econbiz.de/10012025607
This paper aims to compare two different methodologies to estimate exchange rate misalignment. The first methodology consists in using multivariate time series techniques and a model with domestic variables. The second methodology consists in Pesaran's Global Vector Error Correction Model with...
Persistent link: https://www.econbiz.de/10010330505
and suggest a bootstrap approach to calculate error bands. The misalignment estimative is based on cointegration …
Persistent link: https://www.econbiz.de/10010330572
This paper aims to evaluate what are the main long run determinants of Chinese real exchange rate that have depreciated substantially compared to a basket of currencies. The Chinese government started a process of accumulating foreign reserve in growing speed measured in absolute or relative...
Persistent link: https://www.econbiz.de/10010330917
live cattle, evidencesof co-integration on contracts with maturity month on March, April,September, October and November of … 2005 were found. As for the BM&Fsoybean future contract, co-integration was detected for contracts withmaturity at April …, May and November, 2005. Co-integration evidencewas identified for the CBOT soybean future with maturity at January …
Persistent link: https://www.econbiz.de/10009446929
and gross displays a sensible reduction. We apply three different cointegration tests in the series of government revenue …
Persistent link: https://www.econbiz.de/10011516700
Persistent link: https://www.econbiz.de/10003491006
How does Brazilian private investment respond to increases in the gross tax burden? An econometric investigation. This article aims to offer three contributions to the debate on the recent performance of the Brazilian economy. First, it presents approximate quarterly figures for the Brazilian...
Persistent link: https://www.econbiz.de/10003959597
Persistent link: https://www.econbiz.de/10009628657
and suggest a bootstrap approach to calculate error bands. The misalignment estimative is based on cointegration …
Persistent link: https://www.econbiz.de/10010230629