There are a number of econometrics tools to deal with the different types of situations in which cointegration can …

There are a number of econometrics tools to deal with the different type of situations in which cointegration can …

models as well as examine the effects of erroneously assuming cointegration. It is shown that inconclusive theoretical … imposing cointegration can be more or less useful for different horizons. The problem of forecasting variables with trending …

testing approach to cointegration. Empirical results indicated that inflation in Nigeria proxied by CPI exhibited a strong … degree of inertia. The econometric results showed that past inflation and average rainfall appeared to have been the main … determinants of inflationary process in Nigeria over the study period. We also found strong evidence of the importance of money …

-varying inflation persistence as an important issue for monetary policy. We determine not only the location and significance of breaks … in persistence, but also the number of breaks. Only one significant break in U.S. inflation persistence (measured by the … integration ; break in persistence ; unknown break point ; inflation dynamics …

Inflation is a monetary phenomenon. While this statement is widely accepted in terms of a long-run relationship, the … quantity theory has been made operational also for the short-run dynamics of inflation by so-called Pstar models. An error … inflation. The response of the HICP is strongly positive. Other factors such as raw material prices and unit labor costs also …

inflation and commodity prices using recent methods of linear cointegration, and non-linear Granger causality. The main …

The paper aims to investigate the economic relationship between inflation and domestic debt. In countries that … experience high inflation, the inflationary process fed on increasing costs of domestic debt. As a result, the increasing debt to … countries into three groups. First group consists of Mexico, Turkey and Brazil; countries with high inflation experiences which …

It is widely believed that moderate and stable inflation rates promote the development process of a country, and hence … economic growth. Moderate inflation supplements return to savers, enhances investment, and therefore, accelerates economic … growth of the country. The main purpose of this study is to study and analyze the relationship between inflation and economic …

To which extent do equity and housing hedge against inflation? Despite an extensive literature, there is only little … horizon and period considered. Within one, five, and ten years housing hedges, at least partly, against inflation and the … to decrease with inflation in the post-war period. The hedge improves slightly with a longer time horizon and is perfect …