Narrow search
Showing 1 - 10 of 254
Cover Image
Argentinean real exchange rate 1900 - 2006: Testing purchasing power parity theory
dal Bianco, Marcos José - In: Estudios de Economía 35 (2008) 1, pp. 33-64
cointegration between the nominal exchange rate and the relative prices. In particular, the Argentinean RER appears to be trend …
Persistent link: https://www.econbiz.de/10010289485
Cover Image
The Balassa-Samuelson Hypothesis in Developed Countries and Emerging Market Economies: Different Outcomes Explained
García Solanes, José; Torrejón-Flores, Fernando - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-2, pp. 1-24
OECD countries and sixteen Latin American economies. The USA is taken as a benchmark. Applying recent panel cointegration …
Persistent link: https://www.econbiz.de/10010298622
Cover Image
Balassa-Samuelson and Wage, Price and Unemployment Dynamics in the Spanish Transition to EMU Membership
Ordóñez, Javier; Jusélius, Katarina - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-4, pp. 1-30
This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in Spain during the last two decades. The aim of this paper is to shed light on the impact of the European economic integration on Spanish labour market and the convergence to a...
Persistent link: https://www.econbiz.de/10010298624
Cover Image
Purchasing power parity in Mexico since 1933
Wallace, Frederick H. - In: Latin American Economic Review 26 (2017) 1, pp. 1-18
A new approach to cointegration developed by Enders et al. (Cointegration tests using instrumental variables with an …
Persistent link: https://www.econbiz.de/10011994323
Cover Image
Testing the New Keynesian Model on U.S. and Euro Area Data
Juselius, Mikael - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-24, pp. 1-26
I apply the Johansen and Swensen (1999, 2004) method of testing exact rational expectations within the cointegrated VAR (Vector Auto-Regressive) model, to testing the New Keynesian (NK) model. This method permits the testing of rational expectation systems, while allowing for non-stationary...
Persistent link: https://www.econbiz.de/10010295321
Cover Image
Effects of exports instability on economic growth in SAARC region countries
Rashid, Farhat; Ullah, Sami; Bedi-uz-Zaman Ullah, Sami - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 6 (2012) 1, pp. 97-120
additional variables. The Augmented Dickey Fuller (ADF) and Johansson Cointegration tests are used to test stationarity for all … variables and cointegration respectively. The results of these tests demonstrate that all variables are non-stationary at levels …
Persistent link: https://www.econbiz.de/10011938302
Cover Image
Structural breaks, parameter stability and energy demand modeling in Nigeria
Omisakin, Olusegun A.; Adeniyi, Oluwatosin A.; … - In: International Journal of Economic Sciences and Applied … 5 (2012) 2, pp. 129-144
conventional residual-based cointegration tests employed fail to identify any meaningful long run relationship in both functions …, the Gregory- Hansen structural break cointegration approach confirms the cointegration relationships despite the …
Persistent link: https://www.econbiz.de/10010289392
Cover Image
A note on the estimation of long-run relationships in panel equations with cross-section linkages
Di Iorio, Francesca; Fachin, Stefano - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-20, pp. 1-18
-section dimensions. The main conclusion is that the best results are obtained applying bootstrap inference to single-equation estimators …
Persistent link: https://www.econbiz.de/10010309047
Cover Image
Does Foreign Direct Investment Promote Regional Development in Developed Countries? A Markov Chain Approach for US States
Bode, Eckhardt; Nunnenkamp, Peter - In: Review of World Economics 147 (2010) 2, pp. 351-383
Persistent link: https://www.econbiz.de/10010314367
Cover Image
Estimación de reservas en una compañía aseguradora: Una aplicación en Excel del método Chain-Ladder y Bootstrap
Álvarez-Jareño, José Antonio; Coll-Serrano, Vicente - In: Revista de Métodos Cuantitativos para la Economía y … 14 (2012), pp. 124-136
bootstrap technique to estimate the margin of error and the confidence interval of the reserves. Since estimating reserves is a …. To ease the understanding and monitoring the process, the Chain-Ladder method and bootstrap is run step by step by using …
Persistent link: https://www.econbiz.de/10011307180