Showing 1 - 10 of 11,062
In this work, we study the short- and long-run properties of different inequality series vis-à-vis the most important macroeconomic series for a set of OECD countries. We employ standard tools of time series macro-econometrics (e.g. stationarity tests, detrending, co-movements analysis,...
Persistent link: https://www.econbiz.de/10010328362
migration to Germany and tested the model for the 1969-2004, using the cointegration technique. A single cointegrating vector is … and Turkey, the unemployment rates in Germany and Turkey, aid, the trade intensity variable and the ratio of manufacturing …
Persistent link: https://www.econbiz.de/10010285808
. Employing Johansen's multivariate cointegration approach, it investigates for ten selected SSA countries the long-run effect of … those cases where cointegration relationships are found – estimated supply elasticities tend to lie between 0.20 and 0 …
Persistent link: https://www.econbiz.de/10010265526
The seven largest emerging market economies -China, India, Brazil, Russia, Mexico, Indonesia, and Turkey- constituted …
Persistent link: https://www.econbiz.de/10012060228
bivariate cointegration between domestic and foreign interest rates. We explain non-stationarity of the interest differential … stochastic trend into the system. Trivariate cointegration between the interest rates and the exchange rate accounts for the … missing stationarity property of the interest differential. We apply the concept to the case of Turkey and Europe, where we …
Persistent link: https://www.econbiz.de/10010281908
tests to determine linkages between exports and imports+ in Turkey. Using the Johansen test we find no cointegration and …We test for sustainability of Turkey's current account position between 1992 and 2007 using the intertemporal solvency …+ (which include imports, net interest and unilateral transfer payments). Cointegration between inflows and outflows implies …
Persistent link: https://www.econbiz.de/10011807191
The Turkish current account has been exploding in the last few years leading to concerns of a crisis. One of the primary factors identified in the rising deficits is the appreciating lira. In addition, income elasticity of exports and imports can also shed light on continuing trade deficits. In...
Persistent link: https://www.econbiz.de/10011807199
government revenue and government expenditure in Iran by applying the bounds testing approach to cointegration. The results of …
Persistent link: https://www.econbiz.de/10010289401
Globalization has effected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...
Persistent link: https://www.econbiz.de/10010295678
This paper studies the long-run relationship between consumption, asset wealth and income - the consumption-wealth ratio - in Germany, based on data from 1980 to 2003. Earlier papers for the Anglo-Saxon economies have documented that departures of these three variables from their common trend...
Persistent link: https://www.econbiz.de/10010295684