Search Results - subject:"response function"

To difference or not to difference: a Monte Carlo investigation of inference in vector autoregression models

Ashley, Richard A.; Verbrugge, Randal J. - In: International Journal of Data Analysis Techniques and … 1 (2009) 3, pp. 242-274

coverage of impulse response function confidence intervals are examined for simulated vector autoregression models using a … overdifferencing a model yields poor impulse response function confidence interval coverage; modelling in Hodrick-Prescott filtered … – performs well for both Granger causality testing and impulse response function estimation. …

Persistent link: https://www.econbiz.de/10008563413

Test of the J-curve for six selected new EU countries

Hsing, Yu - In: International Journal of Economic Policy in Emerging … 2 (2009) 1, pp. 76-85

This paper examines the J-curve for the bilateral trade between Croatia, the Czech Republic, Hungary, Poland, Slovakia, or Slovenia and the USA. This paper finds that the J-curve is not empirically confirmed for any of these six countries. Instead, after a shock to real depreciation, the trade...

Persistent link: https://www.econbiz.de/10008563443

Linkages among US Interest Rates and East Asian Purchases of US Treasury Securities

Hurley, Dene - In: Global Economic Review 38 (2009) 4, pp. 397-408

Recent increases in East Asian purchases of US treasury securities has led to growing concern over its impact on the US economy, particularly on the US long-term and short-term interest rates. The vector error-correction model results revealed the presence of long-run causal relations among the...

Persistent link: https://www.econbiz.de/10008464388

Estimating the Effects of Lenght of Exposure to Traning Program: The Case of Job Corps

Flores, Carlos A.; Flores-Lagunes, Alfonso; Gonzalez, Arturo - Department of Economics, School of Business - 2009

Length of exposure to a training program is important in determining the labor market outcomes of participants. Employing methods to estimate the causal effects from continuous treatments, we provide insights regarding the effects of different lengths of enrollment to Job Corps (JC)—...

Persistent link: https://www.econbiz.de/10008472155

Befragungsbasierte Methoden zur Ermittlung von Preisresponsefunktionen: Preisbereitschaft oder Kaufbereitschaft?

Müller, Holger; Voigt, Steffen; Erichson, Bernd - Fakultät für Wirtschaftswissenschaft, … - 2009

In experimentellen Studien werden Preis- und Kaufabfragen eines monadisch (isoliert) prä-sentierten Verbrauchsgutes in einem 2x2 faktoriellen Design auf hypothetischer Ebene reali-siert oder mit einer anreizkompatiblen Lotterie verknüpft. Zwecks Validierung erfolgte außer-dem ein reales...

Persistent link: https://www.econbiz.de/10008458169

AN EMPIRICAL STUDY OF THE FISHER EFFECT AND THE DYNAMIC RELATION BETWEEN NOMINAL INTEREST RATE AND INFLATION IN SINGAPORE

LEE, KING FUEI - In: The Singapore Economic Review (SER) 54 (2009) 01, pp. 75-88

The Fisher Effect postulated that real interest rate is constant, and that nominal interest rate and expected inflation move one-for-one together. This paper employs Johansen's method to investigate for the existence of a long-run Fisher effect in the Singapore economy over the period 1976 to...

Persistent link: https://www.econbiz.de/10004988551