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unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we … in line with the suggestions of the monetary model. -- Monetary exchange rate model ; common factors ; panel data …
Persistent link: https://www.econbiz.de/10009124360
unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we … in line with the suggestions of the monetary model. -- Monetary exchange rate model ; common factors ; panel data …
Persistent link: https://www.econbiz.de/10009426693
unobserved common factors using panel data from 1973 until 2007 for 19 OECD countries. Applying a principal component analysis we …
Persistent link: https://www.econbiz.de/10010209430
Persistent link: https://www.econbiz.de/10003345133
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This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve (Fed) for the period 1999-2006. Two models are specified: a partial Vector Error Correction Model (VECM) and a general VECM. In the partial VECM, we look for a long-run...
Persistent link: https://www.econbiz.de/10003811795