In Verbindung mit den Einbrüchen der Konjunktur in Deutschland im vierten Quartal 2008 und zu Beginn des Jahres 2009 ist ein deutlicher Rückgang der Automobilnachfrage in Deutschland zu verzeichnen. Neuzulassungszahlen brachen im Januar 2009 um 14,2 % im Vergleich zum Vorjahresmonat ein und...

This paper takes a financial market perspective in examining the relationship between oil prices, the US dollar and asset prices, and it exploits the heteroskedasticity for the identification of causality in a multifactor model. It finds a bidirectional causality between the US dollar and oil...

This paper takes a financial market perspective in examining the relationship between oil prices, the US dollar and asset prices, and it exploits the heteroskedasticity for the identification of causality in a multifactor model. It finds a bidirectional causality between the US dollar and oil...

This paper takes a financial market perspective in examining the relationship between oil prices, the US dollar and asset prices, and it exploits the heteroskedasticity for the identification of causality in a multifactor model. It finds a bidirectional causality between the US dollar and oil...