Palgrave Handbook of Econometrics: Applied Econometrics

932 Monetary Policy, Beliefs, Unemployment and Inflation Table 18.2 Tests of orders of integration, sample 1964Q4–1992Q4 Variabl ...

S.G.B. Henry 933 successfully upheld. Then, estimates of the structural disturbances for the model for which the VECM (18.19) is ...

934 Monetary Policy, Beliefs, Unemployment and Inflation are measures of international price competition (COM) and the real pric ...

S.G.B. Henry 935 Table 18.4 Tests of orders of integration, sample 1980Q1–2005Q4 Variable DF ADF DF ADF u −0.24 −2.1 −2.6 −3.2 O ...

936 Monetary Policy, Beliefs, Unemployment and Inflation 18.5.1 The model The econometric model of long-run unemployment (equati ...

S.G.B. Henry 937 18.5.2 Some model implications 18.5.2.1 Model solutions Sargent’s (1999) model is recursive and is solved given ...

938 Monetary Policy, Beliefs, Unemployment and Inflation 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 1 6 11 16 21 26 31 36 41 46 ...

S.G.B. Henry 939 0.0 0.2 0.4 0.6 0.8 1.0 1.2 (a) (b) (c) (e) (d) 1 112131415161718191101 Period 8.0 8.5 9.0 9.5 10.0 10.5 11.0 1 ...

940 Monetary Policy, Beliefs, Unemployment and Inflation 1.2 1.7 2.2 2.7 3.2 3.7 4.2 1 6 11 16 21 26 31 36 41 46 51 56 61 66 71 ...

S.G.B. Henry 941 model shown in Figure 18.3 is broadly consistent with the events of the first half of the 1980s, and suggests t ...

942 Monetary Policy, Beliefs, Unemployment and Inflation urgent priority. The quantitative effects of future real oil price incr ...

S.G.B. Henry 943 reached by Budd (2004) that ERM membership contributed in an important way to the UK’s inflation and unemployme ...

944 Monetary Policy, Beliefs, Unemployment and Inflation Real exchange rate (RXR). Effective nominal rates, using the 2000 patte ...

S.G.B. Henry 945 Note that we use the term “supply side” in a narrow sense to refer to the view that the labor market indices n ...

946 Monetary Policy, Beliefs, Unemployment and Inflation It also involved great uncertainty about the measurement of the growth ...

S.G.B. Henry 947 Dennis, R. (2004) Inferring policy objectives from economic outcomes. In S.G.B. Henry and A. Pagan (eds.),The E ...

948 Monetary Policy, Beliefs, Unemployment and Inflation Nickell, S. and B. Bell (1995) The collapse in demand for the unskilled ...

Part VII Applications to Financial Econometrics ...

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19 Estimation of Continuous-Time Stochastic Volatility Models George Dotsis, Raphael N. Markellos and Terence C. Mills Abstract ...