approach, based on the tests of Robinson (1994), introduces fractional integration and nonlinearities simultaneously into the … more activist stabilisation policies. However, any suitable model should also include business cycle asymmetries, with …

approach introduces fractional integration and nonlinearities simultaneously into the same framework (unlike earlier studies …. However, any suitable model should also include business cycle asymmetries, with implications for both forecasting and policy-making. …

approach introduces fractional integration and nonlinearities simultaneously into the same framework, using a Lagrange … business cycle asymmetries, with implications for both forecasting and policy-making. …

einer Dominanz der Geldpolitik als Angebotsschock erklärt werden. Zu einem großen Teil bleibt die identifizierte … subsectors, at least not given the used identification strategy. This could be due to the fact that this theory regards the …

GMM method of econometric estimation. Multiple measuresof performance and leverage are utilized, controlling …

untersuchen wir die Rolle der Geldpolitik während der Weltwirtschaftskrise in den USA. Die besondere Rolle der Geldpolitik gilt … explicitly involves economic theory in the estimation procedure. To identify shocks I employ both sign restrictions derived from … Effekte der systematischen Komponente der Geldpolitik an. Wir finden heraus, dass der Anteil der Geldpolitik insgesamt zwar …

devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …

mid-1980s, in contrast to the simultaneous volatility decline of most aggregates, including overall hours and employment … the skill premium, it is interesting to check its short-run implications for employment volatility. The numerical results … DSGE models' implications for overall labor market' volatility. …

) incommodity futures price volatility spurious, following Granger?s conjecture? Yes,only two out of eleven commodities are ….Second, do large Index Traders such as commodity pools and pension funds increasefutures price volatility through a large volume …

Persistenzmodellierung. Zu dieser gehören verschiedene Techniken der Zeitreihenanalyse (u. a. ADF-Test, VAR-Modelle, Impulse …