real exchange rate misalignments for Poland and Russia during the 1990s using the Beveridge and Nelson (1981) decomposition … generate different levels of misalignment and different responses to exogenous shocks. The average misalignment in Russia is … crisis. The half life of an exogenous shock is found to be much shorter for Poland than for Russia in the pre-crisis period …

Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality … the cointegration analysis of production in Australia and should be included in the long-run production relationship along …

, relationships among the various topics are developed and the validity of empirical tests (e.g., cointegration tests) relating to …

found to have slowly cointegratedwith German prices, but the cointegration relationship of the two counties is only found to …

cointegrated vectors expenditure, own- andcross-prices elasticities are computed. Results show the leadership of Spanish exports to …

determining the relationship among markets remains unclear. The cointegration framework, OLS and principal component regressions … are applied in order to investigate the influence of geographical distance on the cointegration relationship between … relation between distance and the elasticity of cointegration. Moreover, the region in which the market is located and a better …

the Conformity test (CCT) for the existence and rank of cointegration, as given in Johansen (J) (1988), (1991), and the … CCT has very good power characteristics in detecting the rank of cointegration, but it exhibits some size distortions that …

employing the Johanssen cointegration tests and the threshold generalized autoregressive heteroscedasticity model with the in …