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Lüders, Erik (contributor); Lüders-Amann, Inge (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002137150

Linkages between international securitized real estate markets : further evidence from time-varying and stochastic cointegration

Schindler, Felix; Voronkova, Svitlana - 2010

bivariate and multivariate tests for cointegration. While the topic has been analyzed in previous studies such as Gallo and … results from different cointegration methodologies and explicitly control for instability in cointegration relationships and … covering 20 years. In line with previous studies, the empirical results indicate several cointegration relationships between …

Persistent link: https://www.econbiz.de/10008652070

Substitution elasticities in a CES production framework : an empirical analysis on the basis of non-linear least squares estimations

Koesler, Simon; Schymura, Michael - 2012 - This version: January 2012

-linear least squares estimation procedures. Thereby we take advantage of the new World-Input-Output Database. This allows us for … the first time to use one consistent dataset for the estimation process and gives us the opportunity to derive … standard linear estimations using Kmenta approximations, non-linear estimation techniques perform significantly better …

Persistent link: https://www.econbiz.de/10009509693

Backwardation and normal backwardation in energy futures markets : with an application to Metallgesellschaft's short-dated rollover hedging of long-term contracts

Charupat, Narat; Deaves, Richard - 2002

We show that, since the inception of energy futures markets, prices have on average exhibited backwardation. Normal backwardation has also been the norm, but, because of the low power of the standard tests, most researchers have concluded that the unbiased expectations model cannot be rejected....

Persistent link: https://www.econbiz.de/10011447648

Modelling production cost scenarios for biofuels and fossil fuels in Europe

Festel, Gunter - 2013

This paper presents the results of a calculation model for biofuel production costs in 2015 and 2020 based on raw material price projections and considering scale and learning effects. Distinguishing six types of biofuels, the paper finds that scale economies and learning effects are critical...

Persistent link: https://www.econbiz.de/10010193242

Oil and unemployment in Germany

Löschel, Andreas (contributor); … - 2009

In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the framework of a vector autoregression (VAR)...

Persistent link: https://www.econbiz.de/10003806166

The empirical assessment of technology differences : comparing the comparable

Frondel, Manuel; Schmidt, Christoph M. - 2002

This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...

Persistent link: https://www.econbiz.de/10011447707

Panel tests for unit roots in hours worked

Kappler, Marcus (contributor) - 2006

-stationarity of hours worked. In addition, taking these results together, there is no indication of cointegration among the individual …

Persistent link: https://www.econbiz.de/10003314703

How integrated are the European retail financial markets? : a cointegration analysis

Heinemann, Friedrich; Schüler, Martin - 2002

, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …

Persistent link: https://www.econbiz.de/10011447291

A dynamic heterogeneous labour demand model for German manufacturing

Falk, Martin; Koebel, Bertrand M. - 2000

This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...

Persistent link: https://www.econbiz.de/10011444593