In this paper, we test cointegration between GDP and Public consumption of the Republic of North Macedonia, for … quarterly data of twenty years' time series (2000Q1-2019Q4). We present results of two methods for cointegration test: first …, residual regression test table and second, Engle & Granger cointegration test and Philips Ouliaris test. Both methods provides …

extransition economies. In the first phase of the empirical part of the research, the authors tested the stationarity of the real … exchange rate in a logarithm, while in the second phase, the cointegration of nominal exchange rate, domestic and foreign price … authors' knowledge, and taking into account Liu (1992), who states that it is more important to check the presence of co-integration …

countries using time series data. The few previous time series studies in this area have not paid any attention to stationarity … and cointegration issues. We find that in most cases, the variables are non-stationary in their levels and not …

The aim of this paper is to model consumption behavior of Swedish, Danish and Japanese households. Since stationarity … disposable income are checked for cointegration to see whether there is a short-run (SR) adjustment towards the long-run (LR …

cointegration between the nominal exchange rate and the relative prices. In particular, the Argentinean RER appears to be trend …