Zusammenbruch in den 70er und 80er Jahren mit Hilfe der neoklassischen Theorie zu erklären. Die alte und neue Institutionenökonomik …

, 应用矢量纠错模型 (VECM) 来分析 ICT 基础设施的短期和长期影响。 研究发现 分析结果表明, 虽然ICT基础设施在短期内不会影响国际游客数量, 但从长远来看对旅游业发展有积极贡献。此外, 研究结果还表明, 在短期内 …

available stock. Design/methodology/approach – With the vector error correction model (VECM), the lagged rent, available stock …-term occupied space (space absorption) in accordance with economic theory. Available stock can be forecasted by past rent and … required. Originality/value – The paper adopts the VECM and validated by empirical evidence, to investigate the long …

cointegration and the estimation of Vector Autoregression (VAR) and Vector Error Correction Models (VECM). While we cannot reject …

uses various tools to investigate the dynamic linkages between markets.VAR, VECM, Cointegration and GARCH-DCC altogether in … December 2015 are analyzed. Design/methodology/approach The Johansen and Juselius multivariate cointegration test, Granger … causality test based vector error correction model (VECM) approach, and variance decomposition analysis were used to investigate …

credit default swap (CDS) spreads and stock prices. In practice, capital structure arbitrage that exploits such relationships …

Purpose – The purpose of this paper is to investigate the drivers influencing the risk of default on mutual guaranteed … loans. The authors aim to verify whether default is influenced by the specific business policies of mutual guarantee … June 2011. The sample consists of 167,777 guaranteed loans, of which 11,349 are in default. Using regression models, we …

Summary Following standard real business cycle theory, long run economic growth and short run business cycle …Zusammenfassung In der Theorie realer Konjunkturzyklen werden langfristige Wachstums- und kurzfristige … Theorie realer Konjunkturzyklen konfrontiert. Die Impulsantwortanalyse des Systems zeigt, daß ein großer Teil der …

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 …