of the prices and output equations show that cointegration of the general price level, money stock and aggregate output … the target is to stimulate growth and to control inflation. …

This paper employ monthly data to examine the empirical relationship between oil price shocks and domestic inflation … consumer prices. However, oil price shocks cause inflation to increase while oil price uncertainty does not cause an increase … in inflation. Furthermore, inflation itself causes inflation uncertainty. The findings of this study encourage the …

This paper explored the degree of inflation persistence in Thailand using both headline and sectoral CPI indices during … rate regime. Furthermore, there seemed to be monetary accommodation of inflation persistence in both regimes. However, some … negative mean shifts in the inflation process might be resulted from the impact of inflation targeting implemented in May 2000. …

testing for cointegration in a multivariate framework. The error correction mechanism is employed to detect causal … relationship in the presence of cointegration among three variables. Empirical results for Thailand during 2001Q1 and 2014Q2 …

testing for cointegration in a multivariate framework. The error correction mechanism is employed to detect causal … relationship in the presence of cointegration among three variables. Empirical results for Thailand during 2001Q1 and 2014Q2 …

cointegration test. The results show that U.S. dollar real exchange rate does not affect the economy’s industrial production index …

developing countries. Using bounds testing for cointegration, the results do not support a positive correlation between savings …

: variance bounds test, equity price bubbles test, and cointegration tests. The results from the variance bounds tests show that … West’s two-step test. There is no cointegration between stock prices and dividends from the results of both Engle …-Granger cointegration test and the bounds testing for cointegration. The divergence of stock prices from their fundamental value and no …

from Johansen cointegration test shows that the variables are cointegrated. Thus there exists a long-run relationship …