vector autoregression (VAR) type model specifications. Directed acyclic graph theory is proposed as an alternative modeling …

tests are conducted by means of the Johansen multivariate cointegration method and the error correction model. Among the ERM … the theory of German domination of the EMU. In the second set of tests, the United States money is found to affect all …

Arbeitsstunden und Löhnen in dieser Zeit erklären. Abschließend wird die Rolle der Geldpolitik während Aktienmarktbooms diskutiert …

realwirtschaftlich wirksamen, langfristig jedoch neutralen Geldpolitik inzwischen nahezu selbstverständlich akzeptiert zu sein …Macroeconomic theory often strictly separates cyclical analysis from trend analysis. Whereas the former is identified …

found to have slowly cointegratedwith German prices, but the cointegration relationship of the two counties is only found to …

determining the relationship among markets remains unclear. The cointegration framework, OLS and principal component regressions … are applied in order to investigate the influence of geographical distance on the cointegration relationship between … relation between distance and the elasticity of cointegration. Moreover, the region in which the market is located and a better …