first clarify the logic of applying cointegration methods to the RERI and propose an alternative way of testing the …

analyze data for different product categories, and also cointegration techniques to carefully distinguish between short …

The view that high unemployment in West Germany and other European countries is caused by a path dependence effect - or … is argued that in a cointegration framework it is reasonable to define hysteresis as the absence of weak exogeneity of … the explanatory variables. Building on a cointeg ration model of the employment rate in West Germany, I find only weak …

impact of the relationship between the extensiveness of the low-pay sector and structural unemployment. Data from Germany …

This paper investigates the effects of public investment in infrastructure on private output for Germany. Using a … estimated effects strongly depends on the choice of the variables. Furthermore, an investigation of a recursive estimation …