Essays about: "VARX"

Found 3 essays containing the word VARX.

  1. 1. Title: Does Bitcoin hedge inflation risk? A multivariate time series analysis

    University essay from Göteborgs universitet/Graduate School

    Author : Domenico Roberto Curciarello; [2022-06-29]
    Keywords : Bitcoin; 5 years– 5 years forward inflation expectation rate; VAR; VARX; Granger causality; Impulse response function; Forecast error variance decomposition;

    Abstract : This thesis investigates whether Bitcoin can be considered a valuable hedge against inflation risk. The research examines the relationship between Bitcoin and inflation, the two variables' forecast ability, and how an exogenous shock simulated on one variable affects the other. READ MORE

  3. 2. Does owner-occupancy increase the unemployment rate? A critical assessment of the Oswald effect

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Cecilia Toivonen; [2014]
    Keywords : owner-occupancy; unemployment; panel VARX; GMM;

    Abstract : The research community has been divided ever since Oswald (1996) first launched his finding of a positive relationship at the aggregate level between the unemployment rate and the share of owner-occupancy. Micro researchers question the finding altogether since numerous studies indicate that individual homeowners have better labor market outcome than tenants. READ MORE

  4. 3. Financial depth, economic growth, private investment rate and private savings rate: A clarification on the variables' dynamics in two European countries

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Cathrine Danin; Michaela O´Konor; [2013]
    Keywords : Panel VARX; financial depth; demand-following hypothesis; Granger causality; Orthogonalized impulse response function;

    Abstract : For many years the direction of causality between financial depth and economic growth has been at the center of attention for economists. Still no consensus has been reached. Globalized financial and economic markets expand the spectra of possible interactions among macro-economic variables. READ MORE