In this paper a dynamic relationship between the CO2 emissions in Finland, Norway and Sweden is presented. With the help of a VAR(2) model, and using the Granger terminology, it is shown that the emissions in Finland are affecting those in Norway and Sweden. Other aspects of this dynamic...

This article extends the Factor-Augmented Vector Autoregression Model (FAVAR) to mixed-frequency and incomplete panel data. Within the scope of a fully parametric two-step approach, the alternating application of two expectation-maximization algorithms jointly estimates model parameters and...

Pakistan is one of the developing countries in Asia. Destabilized economy is one of the major hurdles in the progress of Pakistan while inflation, interest and unemployment rates are three major indicators for destabilization. Purpose of the study is to investigate the link between these major...