Essays about: "VECM"

Showing result 36 - 40 of 64 essays containing the word VECM.

  1. 36. The Causal Relationship Between Saving and Growth : Case of Colombia, Mexico, Sweden and the UK

    University essay from Umeå universitet/Nationalekonomi

    Author : Peyman Razaghi Khamsi; [2016]
    Keywords : ;

    Abstract : This paper uses a vector error correction model (VECM) and the unrestricted vector autoregressive (VAR) model combined with Granger causality in order to determine the casual direction between saving and growth. The countries being studied are Colombia, Mexico, Sweden and the UK. READ MORE

  3. 37. The influence of macroeconomic factors on the stock markets in the Baltic countries and Western Europe - A comparison

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Andrius Markevicius; Lina Giniunaite; [2016]
    Keywords : Macroeconomic variables; Stock indices; Johansen cointegration test; VECM; Granger causality test; Business and Economics;

    Abstract : The relationship between the stock market and the condition of a country’s economy is a relevant topic in the recent economic and financial studies. Therefore, the purpose of our thesis is to investigate in finding long-term and short-term relationships between the stock market and macroeconomic variables in the three Baltic countries and compare the results with three more economically developed Western European countries such as Germany, Italy and UK. READ MORE

  4. 38. FORECASTING OF THE INFLATION RATES IN UGANDA: : A COMPARISON OF ARIMA, SARIMA AND VECM MODELS

    University essay from Örebro universitet/Handelshögskolan vid Örebro Universitet

    Author : Alan Kinene; [2016]
    Keywords : ;

    Abstract : .... READ MORE

  5. 39. Estimating Equilibrium level of public lending of banks in Sweden and in largest foreign markets of Swedish banks

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Kristine Katlinska; [2016]
    Keywords : credit modelling; Sweden; Bank lending; VECM;

    Abstract : This paper studies future opportunities of the largest banks in Sweden regarding expanding their foreign household and non-financial corporation lending to the main foreign markets (Norway, Denmark, Finland) by estimating the long term equilibrium levels of bank lending to GDP in each of the foreign country and estimating the short term shocks to the equilibrium levels in each of the countries by computing impulse response functions. In addition, the paper aims to answer the question regarding what is the equilibrium level of bank lending to GDP in Sweden itself and explores the short term shocks to the Credit/GDP level. READ MORE

  6. 40. Pollution, Electricity Consumption, and Income in the Context of Trade Openness in Zambia

    University essay from Umeå universitet/Nationalekonomi

    Author : Mudenda Lackson Daniel; [2016]
    Keywords : Dynamic OLS; Vector Error Correction Model; real GDP; CO2 Emissions; Electricity consumption and Foreign Trade;

    Abstract : This paper examines the Environmental Kuznets Curve (EKC) hypothesis and tests for causality using Dynamic Ordinary Least Squares (DOLS) and the Vector Error Correction Model (VECM). There is evidence of long-run relationships in the three models under consideration. READ MORE