„Quantitative Easings“ der Federal Reserve auf den amerikanischen Zins erkennen. Ausgehend von diesem Ergebnis werden empirisch im …

fractional integration and fractional cointegration techniques. These methods are more general and have higher power than the … both the S&P 500 Index and the Euro Stoxx 50 Index. Also, fractional cointegration appears to hold at least for the … diverging growth and monetary policy. Establishing whether the degree of cointegration has changed over time is important since …

fractional integration and fractional cointegration techniques. These methods are more general and have higher power than the … both the S&P 500 Index and the Euro Stoxx 50 Index. Also, fractional cointegration appears to hold at least for the … diverging growth and monetary policy. Establishing whether the degree of cointegration has changed over time is important since …

fractional integration and fractional cointegration techniques. The empirical evidence suggests the presence of unit roots in … both the S&P 500 Index and the Euro Stoxx 50 Index, and also that cointegration only holds over the subsample ending in …

This paper analyzes the interest rate pass-through for Germany and the euro area using for the first time a fully … show the most sluggish pass-through behavior. In contrast to earlier studies, results for Germany and the euro area … excluding Germany are similar by and large. We therefore conclude that differences in the pass-through behavior seem to be …

Hansen Co-integration test confirmed the existence of a long-run relationship between nominal interest rates and inflation …

(1997). The use of cointegration techniques enables to include this generated regressor to the estimation equation, because … asymptotically vanishes when unit root methods are applied. In this work the primary method in the cointegration analysis is the … rates corresponding to the analysed domestic money market rates are from Germany, the United Kingdom and Sweden. The effects …