operandi to analyze the time series characteristics of interest rates and to test for common features. We conduct cointegration …, serial correlation common feature and codependence tests with nominal and real interest rates using quarterly data from 1975 … of interest rates are not cointegrated. Although some evidence for codependence of higher order is found among European …

operandi to analyze the time series characteristics of interest rates and to test for common features. We conduct cointegration …, serial correlation common feature and codependence tests with nominal and real interest rates using quarterly data from 1975 … of interest rates are not cointegrated. Although some evidence for codependence of higher order is found among European …

short-run comovements in the G7-countries by conducting tests for cointegration, common serial correlation and codependence … renewed interest in the cyclical and long-run comovement of interest rates. In this paper we re-investigate the long- and … evidence for codependence of higher order is found in the pre-Euro area sample, common cycles appear to exist only in rare …

operandi to analyze the time series characteristics of interest rates and to test for common features. We conduct cointegration …, serial correlation common feature and codependence tests with nominal and real interest rates using quarterly data from 1975 … of interest rates are not cointegrated. Although some evidence for codependence of higher order is found among European …

; comovement ; cointegration ; serial correlation common feature ; codependence … operandi to analyze the time series characteristics of interest rates and to test for common features. We conduct cointegration …, serial correlation common feature and codependence tests with nominal and real interest rates using quarterly data from 1975 …

; comovement ; cointegration ; serial correlation common feature ; code-pendence … operandi to analyze the time series characteristics of interest rates and to test for common features. We conduct cointegration …, serial correlation common feature and codependence tests with nominal and real interest rates using quarterly data from 1975 …

change in operating procedures of the Fed in September 1979. This finding casts some doubts on cointegration tests of the …

cointegration method offered by Pesaran, Shin and Smith (PSS, 2001). Accordingly, empirical results confirm that the long run …