Narrow search
Showing 1 - 10 of 56,961
Cover Image
Cointegration and asymmetric adjustment: Some new evidence concerning the behaviour of the US current account
Holmes, Mark J.; Panagiotidis, Theodore - 2009
This study conducts an investigation into the extent of cointegration between imports and exports and asymmetries in … the adjustment of the US current account over the study period 1960Q4-2007Q2. We find evidence in favour of cointegration …) and Breitung and Taylor (2003) nonparametric cointegration test procedures that do not assume linear short-run dynamics …
Persistent link: https://www.econbiz.de/10004991487
Cover Image
COINTEGRATION AND ASYMMETRIC ADJUSTMENT: SOME NEW EVIDENCE CONCERNING THE BEHAVIOUR OF THE US CURRENT ACCOUNT
Holmes, Mark J.; Panagiotidis, Theodore - Rimini Centre for Economic Analysis (RCEA) - 2009
find evidence in favour of cointegration through the application of the standard Johansen methodology. Employing the Trace … cointegrated. We also consider the Breitung (2002) and Breitung and Taylor (2003) nonparametric cointegration test procedures that …
Persistent link: https://www.econbiz.de/10008498047
Cover Image
The Sustainability of India's current account (1950-2003): Evidence from parametric and non-parametric unit root and cointegration tests
Panagiotidis, Theodore; Holmes, Mark J.; Sharma, Abhijit - Rimini Centre for Economic Analysis (RCEA) - 2007
This study conducts an investigation into the sustainability of the Indian current account over the study period 1950 …-2003. It is argued that a necessary condition for current account sustainability is that exports and imports are cointegrated …. After testing for unit roots that allow for a structural break, we employ parametric tests for cointegration: based on …
Persistent link: https://www.econbiz.de/10005091091
Cover Image
The adopting inflation targeting in the monetary policy of emerging countries: challenges and issues
zouhair, chrigui; boujelbene, younes - In: Economics Bulletin 30 (2010) 2, pp. 17-17
In this paper, our main objective is to verify the ability of inflation targeting to achieve better results concerning inflation, production and interest rate, with a new sample related to some emerging countries. Therefore, we have studied the opportunities stemming from the adoption of...
Persistent link: https://www.econbiz.de/10010836206
Cover Image
The Input-Output Modeling Approach to the National Economy
Gaftea, Viorel - In: Journal for Economic Forecasting (2013) 2, pp. 211-222
The paper presents the conceptual and analytical framework of the Input-Output approach to the Romanian Economy Macromodel. The model uses annual Input- Output (I-O) tables, behavioral analysis and support estimation equations for technical coefficients, macro indicators and other variables. The...
Persistent link: https://www.econbiz.de/10010678165
Cover Image
Do markets cointegrate after financial crisis? : evidence from G-20 stock markets
Haque, Mahfuzul; Shamsub, Hannarong - In: International Journal of Financial Studies : open … 3 (2015) 4, pp. 557-586
The results of the single-equation cointegration tests indicate that patterns of cointegration in the two main and four …&P 500 and G-20 stock indices moved towards less cointegration. The decreasing number of cointegrating relationships implies …
Persistent link: https://www.econbiz.de/10011408937
Cover Image
Long-term relationship of KGHM share prices and the market value of high grade copper
Zbyrowski, Rafał - In: Journal of banking and financial economics 20 (2023), pp. 51-62
cointegration analysis. Based on the estimated models, the thesis of the existence of a long-run relationship between the studied …
Persistent link: https://www.econbiz.de/10014515556
Cover Image
Are the Central European Stock Markets Still Different? A Cointegration Analysis
Rousova, Linda - 2009
particular? Based on a cointegration analysis applied to stock market movements, I detect for the period after the EU enlargement …
Persistent link: https://www.econbiz.de/10010427556
Cover Image
Do markets cointegrate after financial crisis? Evidence from G-20 stock markets
Haque, Mahfuzul; Shamsub, Hannarong - In: International Journal of Financial Studies 3 (2015) 4, pp. 557-586
The results of the single-equation cointegration tests indicate that patterns of cointegration in the two main and four …&P 500 and G-20 stock indices moved towards less cointegration. The decreasing number of cointegrating relationships implies …
Persistent link: https://www.econbiz.de/10011708997
Cover Image
Econometric Inflation Targeting
Bårdsen, Gunnar; Jansen, Eilev S.; Nymoen, Ragnar - 1999
Inflation targeting makes the Central Bank's conditional inflation forecast the operational target for monetary policy. Successful inflation targeting requires knowing the transmission mechanisms to inflation from shocks as well as instruments. The econometric implications are that the...
Persistent link: https://www.econbiz.de/10012143558