Showing 1 - 10 of 879,315
Persistent link: https://www.econbiz.de/10001790878
Persistent link: https://www.econbiz.de/10002976877
processes, implying that cointegration is a necessary condition both for consistent estimation of the parameters of the model … and compatibility between the model and the data. Tests find little support for cointegration and, together with an out …
Persistent link: https://www.econbiz.de/10014062471
Persistent link: https://www.econbiz.de/10003778923
specification error when estimated on real data. I devise a policy rule estimation procedure, which is robust to marginal …
Persistent link: https://www.econbiz.de/10012724714
Persistent link: https://www.econbiz.de/10011285642
Persistent link: https://www.econbiz.de/10010503500
This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve (Fed) for the period 1999-2006. Two models are specified: a partial Vector Error Correction Model (VECM) and a general VECM. In the partial VECM, we look for a long-run...
Persistent link: https://www.econbiz.de/10003811795
Persistent link: https://www.econbiz.de/10011754441
Persistent link: https://www.econbiz.de/10011585758