equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …

In response to high and chronic inflation, countries have adopted different stabilization policies. However, the extent …

Verhältnis der Deutschen zur Inflation wider. Die Medien sprechen von der „German Angst“. Sowohl die Erfahrungen der frühen 20er …

regression for cointegration is specified in terms of the significance of additional augmentations. The Deaton …

Greece and Turkey are both members of NATO and are two of the principal players in the Balkan region. Their respective … testing the hypothesis of a Greek-Turkish arms race with conflicting results. This paper, using cointegration and causality … stagnation of defence spending in Greece owing to the gradual deterioration of Greek public finances over the last decade. …

This paper investigates whether cointegration and causality relationships exist among the stock markets of the Portugal …, Italy, Ireland, Greece and Spain (PIIGS) countries during the period 2005 to 2011. To accomplish our objective, we divide …-crisis period' and the second 'crisis period'. We apply a battery of tests such as Johansen cointegration, Granger causality …