Short-run and long-run dynamic linkages among weekly real interest rates for G-10
countries are examined using a variety of time-series tests. These tests give special attention …

Recent studies have concluded that the ERM has facilitated some degree of inflation
convergence among its members with limited evidence of German leadership. These …

We analyse monthly data on six European industrial production series to ascertain the
presence of common cycles and trends. Particular attention is paid to the exchange rate …

Most applied cointegration investigations for the open macro economy rely on error
correction models to infer causality, predictability, market efficiency, dominance, and market …

A number of recent papers have raised serious questions about the validity of the German
dominance hypothesis, using Granger (temporal) causality tests. If Germany dominates …

This paper investigates the monetary interdependence and the money-income relationship
between countries under a pegged and a floating exchange rate system during the same …

ABSTRACT In his paper, Cheng Hsiao developed a statistical technique to developing
Granger's testing of causality. A sequential method based Akaike's Final Prediction-Error …

This letter examines the role of Germany in the determination of bank credit in the EU. For a
sample of ERM members, the Johansen procedure is employed to test for bivariate …

Analyzes monthly data on six European industrial production series to ascertain the
presence of common cycles and trends. Analysis of the Bretton Woods and Exchange Rate …