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We use a copula approach to investigate the effect of uncertainty on crude-oil returns. Using copulas to construct multivariate distributions of time-series data permit the calculation of the dependence structure between the series independently of the marginal distributions. Further, we...
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This paper analyses comovement in housing prices across the euro area. We use techniques based on the concepts of … first two countries seem to be cointegrated with the majority of other countries in pairwise comparisons. Finally, prices in …
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This paper examines the causal relationship between imports and growth in nine provinces of South Africa for the period …. Our empirical results support unidirectional causality running from economic growth to imports for Gauteng, Mpumalanga …, North West, and Western Cape; a bi-directional causality between imports and economic growth for KwaZulu-Natal; and no …
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