capital, foreign direct investment (FDI) and information and communication technology (ICT). The Johansen (1988) cointegration …

, Spain, Sweden and the UK which have adopted a "formal" policy of low or zero inflation target. Using cointegration analysis …This paper examines the relationship between inflation and real income in Australia, Canada, Finland, New Zealand … and a vector error correction model (VECM), it is found that the long-run relationship between inflation and real income …

-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …

explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …

economies of Asia. Based on cointegration and vector error correction modeling the empirical results show that there exists …

Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality … the cointegration analysis of production in Australia and should be included in the long-run production relationship along …

Traditional macroeconometric models of the Australian economy estimate the behaviour of wage and price inflation … behaviour of wage and price inflation in a simultaneous-equations model. In order to capture the behaviour of the major … outcomes from these simulated scenarios are pertinent to understanding the inflation process and have important implications …

that cointegration and the accompanying equilibriumcorrection relationship between market and book values for firms listed …