prices caused by stochastic volatility. -- option pricing ; autoregression ; heteroskedasticity ; GARCH ; leverage effect …

-specific models for 110 economies, and also a pooled system thereof. We test for cointegration among money, prices, and real output …-star variables are constructed and the cointegration property between prices and the P-star variable is analysed. Along these lines … Volkswirtschaften und ein aus den Gleichungen bestehendes gepooltes System. Es wird auf Kointegration zwischen einer Geldmenge, einem …

assumptions on weak exogeneity and cointegration. We consider OLS-based tests on long-run relationships, weak exogeneity and short … correction models ; panel cointegration analysis ; bootstrap …

not invariant with respect to the investigated sample period. -- Purchasing power parity ; Panel cointegration ; Wild …

cointegration linking interest rates and inflation, and stationarity of the real interest rate implying in turn homogeneity of the … favor of cointegration is weak over periods of high inflation. The Fisher coe±cient turns out to be remarkably stable and is …