Showing 1 - 10 of 103
The technological and institutional environment influences the way of doing research and the relationships between its participants. Intellectual property is a strategic issue to build the institutional framework of the new technological regime and therefore the dynamics of innovation in...
Persistent link: https://www.econbiz.de/10010330698
In this work we consider modeling the past volatilities through a Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model using the Bayesian approach. Asymmetries in the shocks are accommodated by smooth transition models for the variance. We discuss problems related to the...
Persistent link: https://www.econbiz.de/10010330802
In this work we consider modeling the past volatilities through a Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model using the Bayesian approach. Asymmetries in the shocks are accommodated by smooth transition models for the variance. We discuss problems related to the...
Persistent link: https://www.econbiz.de/10010230715
The technological and institutional environment influences the way of doing research and the relationships between its participants. Intellectual property is a strategic issue to build the institutional framework of the new technological regime and therefore the dynamics of innovation in...
Persistent link: https://www.econbiz.de/10010127335
A cultura cafeeira foi e continua sendo de primordial importância para a economiabrasileira. Além de importante fonte de renda para a economia brasileira, o café temdestacada participação nas receitas cambiais, na transferência de renda entre setores e naformação de capital no setor...
Persistent link: https://www.econbiz.de/10009445218
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