Showing 1 - 10 of 282
Econometrics labours under the same limitations as economics: it rests on unrealistic hypotheses (and non … art for art’s sake: econometrics becomes abstract mathematisation. …
Persistent link: https://www.econbiz.de/10004976549
Investigates the doctrine of Relative Purchasing Power Parity. Mixed evidence is found supporting the concept when using a method analogous to that used by Lucas in testing the quantity theory of money. Relative Purchasing Power Parity is not consistently rejected in the long run between Canada...
Persistent link: https://www.econbiz.de/10004987088
Discusses a number of issues put forward by the other authors in this volume. In particular considers the potential role of real interest rates in unemployment models, the importance of the trade balance and related constraints in open economy models and the uniqueness and stability of...
Persistent link: https://www.econbiz.de/10004987094
phenomenologies within which it is liable to be encountered. In economics, the fields concerned may indeed vary a lot (labour market … the imprecise use of the concepts can lead to the particular constraints affecting unit-root econometrics being overlooked. …
Persistent link: https://www.econbiz.de/10004987102
Econometrics labours under the same limitations as economics: it rests on unrealistic hypotheses (and non … art for art’s sake: econometrics becomes abstract mathematisation.  …
Persistent link: https://www.econbiz.de/10014862948
Discusses a number of issues put forward by the other authors in this volume. In particular considers the potential role of real interest rates in unemployment models, the importance of the trade balance and related constraints in open economy models and the uniqueness and stability of...
Persistent link: https://www.econbiz.de/10014863425
phenomenologies within which it is liable to be encountered. In economics, the fields concerned may indeed vary a lot (labour market … the imprecise use of the concepts can lead to the particular constraints affecting unit‐root econometrics being overlooked.  …
Persistent link: https://www.econbiz.de/10014863426
Investigates the doctrine of Relative Purchasing Power Parity. Mixed evidence is found supporting the concept when using a method analogous to that used by Lucas in testing the quantity theory of money. Relative Purchasing Power Parity is not consistently rejected in the long run between Canada...
Persistent link: https://www.econbiz.de/10014863427
knowledge of the subject but with some limited knowledge of econometrics. Particular emphases are given to the rationale for …
Persistent link: https://www.econbiz.de/10014863850
Develops and tests a monetary model of the parallel market for foreign exchange which incorporates forward‐looking expectations and currency substitution features. Econometric results using quarterly data for a group of 12 developing countries show that changes in official exchange rates and...
Persistent link: https://www.econbiz.de/10014863852