function on the basis of annual time series data from Chile. Based on the theory of cointegration three types of statistical …

This paper investigates possible non-linearities in the dynamics of the euro area demand for the narrow aggregate M1. A …

-dollar exchange rate. The sample period spans from the first quarter of 1988 to the second quarter of 2004. Standard cointegration …

-dollar exchange rate. The sample period spans from the first quarter of 1988 to the second quarter of 2004. Standard cointegration …

positive relationship with real economic activity, and money demand is still stable. We found one cointegration in the … cointegration test between money stock, real GDP, and share price in the period from 1981 through 1997. However the cointegration … has broken out when the sample period was extended beyond 1997, as the BOJ (2003) suggests. We performed the cointegration …

This paper gives a systematic application of maximum likelihood inference concerning cointegration vectors in non … dummies. The hypothesis of cointegration is given a simple parametric form in terms of cointegration vectors and their weights … related to the weights. Tests for the presence of cointegration vectors, both with and without a linear trend in the non …

" against the "crowding out" hypothesis using multivariate cointegration techniques and ECVAR modeling in conjunction with …

, which regards common stock as a good hedge against inflation. The results based on the unit root and cointegration tests …