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This paper uses cointegration and common trends techniques to investigate empirically the expectations hypothesis of …
Persistent link: https://www.econbiz.de/10004994376
This paper uses cointegration and common trends techniques to investigate empirically the expectations hypothesis of …
Persistent link: https://www.econbiz.de/10005040023
join the European Monetary Union (EMU). We assess the prospects of successful accession into the EMU using cointegration …
Persistent link: https://www.econbiz.de/10005040029
USA converges or not to its equilibrium level. Applying cointegration and common trend techniques in the presence of …
Persistent link: https://www.econbiz.de/10004994308
-à-vis the Eurozone. Using the Johansen cointegration methodology for a period that begins from the mid-1990s and allowing for a … suggests that the PPP vector enters the cointegration space for Bulgaria, Cyprus, Romania and Slovenia, which means that only …
Persistent link: https://www.econbiz.de/10004994346
This paper assesses the feasibility of forming a common currency in Latin America. First, we examine the cointegration …
Persistent link: https://www.econbiz.de/10010938032
This study examines the feasibility of economic integration in Latin America. We analyze the existence of the long-term and short-term common movements among key macro variables—real GDP, intra-regional trade, private investment and consumption—in the seven largest economies in Latin...
Persistent link: https://www.econbiz.de/10010991733
España se halla inmersa en un proceso de creciente integración financiera, particularmente en el marco comunitario, tal y como se desprende del examen de un conjunto de indicadores presentados en este trabajo. Esta realidad pone en tela de juicio la capacidad explicativa de las denominadas...
Persistent link: https://www.econbiz.de/10005737008
This paper investigates the degree and nature of economic and monetary policy relations among the United States, the euro area, and the British area. Using daily interest rates, we estimate the impact of monetary policy announcements of a Central Bank on its domestic market and in what measure...
Persistent link: https://www.econbiz.de/10005126296
On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
Persistent link: https://www.econbiz.de/10011689949