This paper examines the long run dynamics of Mexico’s money demand using Johansen’s cointegration approach with …

equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …

for Poland. Furthermore, evidence of cointegration between the relative stock prices against Germany and exchange rates …This paper aims to empirically investigate the effect of the euro on stock markets for Hungary, Poland and the UK, and …

, exchange rates, money stock, nominal wages, and real output, and conducts I(1) and I(2) cointegration analyses. Post … of external sector variables on long and medium run price development are studied. It is found that in Poland, contrary … strong evidence is found of the cost-push inflation. Copyright Kluwer Academic Publishers 2003 …

In the following study the relation between the public debt and the inflation will be analysed. The transmission from … the public debt to the inflation through the money supply and long term interest rate will be shown. Based on these …

inflation and nominal interest rate series are cointegrated. Since the conventional cointegration tests do not provide strong … cointegration and fractional cointegration approaches. The findings from Engle and Granger cointegration test indicate that … evidence on the long run relationship, we also use fractional cointegration definition suggested by Cheung and Lai (J Bus Econ …

hypothesis that inflation is lower in small and open economies. The objective of this study is to examine Romer’s hypothesis in … Pakistan. For this purpose, we have used multivariate cointegration and a vector error correction model. The study covers the … period from 1960 to 2007. The empirical findings under the cointegration test show that there is a significant negative long …