Summary This paper analyses the inflation rate in Germany by means of a common trends model. Starting from an IS …-LM model of the open economy, we conduct a cointegration analysis from which we obtain plausible long-run relationships. In the … next step, we identify structural shocks with permanent and transitory effects and study their impacts on the inflation …

Economic events and key economic variables affect stock markets on a daily basis. Inflation is one such economic … measures the impact of inflation on share market prices in these countries. It can be concluded from the study that neither … South African nor Namibian companies can offer investors a perfect hedge against inflation.  …

saisonalen Kointegration im Rahmen eines multivariaten Fehlerkorrekturmodells angewendet, das neben den Investitionen die Exporte …-seasonal adjusted data from 1968 to 1989. The empirical analysis is based on cointegration techniques using the multivariate error … investment series. Given this result, the evidence for cointegration relationships at the seasonal frequencies is rather weak …

first step, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two …

period 1975:1–1999:4. Previous studies are extended in two regards: First, the multivariate estimation technique of Johansen …

Prozesse verwendet: Der Test auf Kointegration erfolgt auf Basis der Trace-Statistik des Johansen-Verfahrens. Zusätzlich wird … externalities of learning-by-doing and learning-by-exporting fostered by competition in world markets. The diversification … for cointegration between the integrated series of order 1 the multivariate cointegration methodology proposed by Johansen …

consumption in the economy. Moreover, shares provide protection against inflation from monetary shocks, and a suitably chosen … Ökonomie abhängt. Außerdem bietet Aktienhaltung einen Schutz gegen Inflation, und eine geeignet gewählte strukturelle …