Search Results - subject:"VEC Models"

Public R&D Design and Technological Spill-Ins. A Dynamic Model

Esposti, Roberto - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2000

The paper presents a dynamic model for the analysis of the National Agricultural Research Systems (NARS) strategy. In a context of increasing globalisation, both intersectoral and international technology spill-ins may greatly affect the NARS design, and this paper proposes an analytical...

Persistent link: https://www.econbiz.de/10004990593

The Monetary Transmission Mechanism: Evidence from Eight Economies in Transition

Papadamou, Stephanos; Oikonomou, Georgios - In: International Economic Journal 21 (2007) 4, pp. 559-576

We examine in this paper the importance of banks' behavior in the transmission of the monetary policy to the real economy. Monthly data from eight economies in transition that recently became members of the European Union and the techniques of cointegration and Error Correction models are used,...

Persistent link: https://www.econbiz.de/10005644186

Intersectoral wage linkages: the case of Sweden

Friberg, Kent - In: Empirical Economics 32 (2007) 1, pp. 161-184

Persistent link: https://www.econbiz.de/10005613058

Asymmetries in bid and ask responses to innovations in the trading process

Escribano, Alvaro; Pascual, Roberto - In: Empirical Economics 30 (2006) 4, pp. 913-946

Persistent link: https://www.econbiz.de/10005166631

Intersectoral Wage Linkages in Sweden

Friberg, Kent - Sveriges Riksbank - 2003

wages for the period 1980:1–2002:2. Different vector error correction (VEC) models are created based on assumptions of which … tested by imposing restrictions on the estimated VEC models. Finally, Granger causality tests are performed in the different … restricted/unrestricted VEC models to test for sector wage leadership. The empirical results indicate large wage adaptability …

Persistent link: https://www.econbiz.de/10005649022

Foreign Debt Flows and Domestic Credit: A Principal-Agent Approach

Gómez, Esteban; Pabón, Andrés Murcia; Gómez, Nancy … - Banco de la Republica de Colombia

The relationship between capital flows and domestic credit emerges from different channels which are usually not directly identified. In this paper, a principal-agent approach is proposed in order to disentangle the channels through which shocks on capital debt flows can affect credit-related...

Persistent link: https://www.econbiz.de/10010906096