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This paper examines the significance of different fundamental regimes by applying various monetary models of the exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro (the DM). We use monthly data from 1975:01 to 2007:12....
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This paper extends previous studies in modeling and estimating demand for gasoline for Nigeria from 1977 to 2008. The … structural breaks/regime shifts and parameter instability in the gasoline demand function in Nigeria using more recent and robust … techniques. While the conventional residual-based cointegration tests employed fail to identify any meaningful long …
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This paper extends previous studies in modeling and estimating energy demand functions for both gasoline and kerosene … demand functions using more recent and robust techniques. In addition, the study considers an alternative model specification … which primarily captures the price-income interaction effects on both gasoline and kerosene demand functions. While the …
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