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Macroeconomic conditions, institutional factors and demographic structure: What causes welfare caseloads?

Ayala, Luis; Pérez, César - In: Journal of Population Economics 18 (2005) 3, pp. 563-581

Persistent link: https://www.econbiz.de/10005760486

Analysis of the Relationship between the Romanian Exports and Imports

Dumitru, Ramona; Nistor, Costel; Ștefănescu, Răzvan - In: Annals of the University of Petrosani, Economics 8 (2008), pp. 177-182

. For this purpose we use the Engle-Granger cointegration test. We found the existence of a cointegration relationship …

Persistent link: https://www.econbiz.de/10005760988

MIMIC Models, Cointegration and Error Correction: An Application to the French Shadow Economy

Buehn, Andreas; Schneider, Friedrich - Institute for the Study of Labor (IZA) - 2008

differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction …

Persistent link: https://www.econbiz.de/10005762169

Did the FED Inflate a Housing Price Bubble? A Cointegration Analysis between the 1980s and the 1990s

Lucia, Clemente De - Istituto Nazionale di Statistica (ISTAT) - 2007

The aim of this work is to verify if the recent episodes of expansionary policies followed by the FED contributed to the creation a housing price bubble. This study compares two different samples, both including periods of recession followed by accommodating monetary policies. The paper showed...

Persistent link: https://www.econbiz.de/10004990369

Price Transmission Mechanisms: a Policy Investigation of International Wheat Markets

LISTORTI, Giulia - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2008

particular, by performing a cointegration analysis, it aims at analyzing if and to which extent the prices in the two countries …

Persistent link: https://www.econbiz.de/10004990578

Model Selection Criteria for the Leads-and-Lags Cointegrating Regression

Choi, In; Kurozumi, Eiji - Center for Research on Contemporary Economic Systems, … - 2008

In this paper, Mallows'(1973) Cp criterion, Akaike's (1973) AIC, Hurvich and Tsai's (1989) corrected AIC and the BIC of Akaike (1978) and Schwarz (1978) are derived for the leads-and-lags cointegrating regression. Deriving model selection criteria for the leads-and-lags regression is a...

Persistent link: https://www.econbiz.de/10004990969

Generalized Reduced Rank Tests using the Singular Value Decomposition

Kleibergen, F.R.; Paap, R. - Erasmus University Rotterdam, Econometric Institute - 2003

rank statistic. In the non-stationary cointegration case, the limiting distribution of the rank statistic is identical to …

Persistent link: https://www.econbiz.de/10004991100

The value of structural information in the VAR model

Strachan, R.W.; Dijk, H.K. van - Erasmus University Rotterdam, Econometric Institute - 2003

features of a model, such as cointegration, can improve policy analysis as it can improve estimation, inference and forecast … features of the VAR model. The features considered are cointegration, exogeneity, deterministic processes and …

Persistent link: https://www.econbiz.de/10004991116

Valuing structure, model uncertainty and model averaging in vector autoregressive processes

Strachan, R.W.; Dijk, H.K. van - Erasmus University Rotterdam, Econometric Institute - 2004

uniform priors on subspaces defined by particular structural features of VARs. The features considered are cointegration …

Persistent link: https://www.econbiz.de/10004991137

EU Enlargement: Are the New Countries Ready to Join the EMU?

Koukouritakis, Minoas; Michelis, Leo - University of Cyprus Department of Economics - 2003

cointegration and common trends analysis on the nominal convergence criteria specified by the Maastricht Treaty as well as on real …

Persistent link: https://www.econbiz.de/10004991188