Showing 1 - 10 of 25
Phillips curves have often been estimated without due attention to the underlying time series properties of the data. In particular, the consequences of inflation having discrete breaks in mean, for example caused by supply shocks and the corresponding responses of policymakers, have not been...
Persistent link: https://www.econbiz.de/10003951489
Persistent link: https://www.econbiz.de/10009153911
Persistent link: https://www.econbiz.de/10010192017
Persistent link: https://www.econbiz.de/10010418287
In testing for the cointegrating rank of a vector autoregressive (VAR) process it is important to take into account level shifts that have occurred in the sample period. Therefore the properties of estimators of the time period where a shift has taken place are investigated. The possible...
Persistent link: https://www.econbiz.de/10005744320
Persistent link: https://www.econbiz.de/10009620285
Persistent link: https://www.econbiz.de/10009620463
Persistent link: https://www.econbiz.de/10009723996
Persistent link: https://www.econbiz.de/10011846189
Persistent link: https://www.econbiz.de/10011473684