This study analyzed the hypothesis that export instability affects the economic growth for SAARC region countries … (Pakistan, India, Sri-Lanka and Nepal) by using neoclassical aggregate production with export and export instability as the … additional variables. The Augmented Dickey Fuller (ADF) and Johansson Cointegration tests are used to test stationarity for all …

effect of globalization is often neglected leading to implausibly high income elasticities. This paper models export demand … vector error correction model is the appropriate econometric framework. Using the Johansen procedure, two cointegration … relationships are found and identified as export supply and demand. Overidentifying restrictions derived from economic theory are …

-specific data sets, cointegration analyses are carried out both to identify long-run economic relationships and to remove the trend …

(the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach, we …

(the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach, we …

As a function of strike and time to maturity the implied volatility estimation is a challenging task in financial … econometrics. Dynamic Semiparametric Factor Models (DSFM) are a model class that allows for the estimation of the implied … to cointegration. …

unemployment (NAIRU) is used. In a first step, the unobservable, exogenous NAIRU is estimated for Germany in a state space setting … after the German reunification, cointegration is found between both variables suggesting a slightly positive relationship. …

between the capitalization of the banking sector and bank loans using panel cointegration models. We study the evolution of …