Pregled bibliografske jedinice broj: 419735
Cointegration in a Multivariate System of Monetary and Real Variables in the Republic of Croatia
Cointegration in a Multivariate System of Monetary and Real Variables in the Republic of Croatia // Proceedings of the 4th International Conference on Enterprise in Transition
Split: Ekonomski fakultet Sveučilišta u Splitu, 2001. str. 1019-1031 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
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Naslov
Cointegration in a Multivariate System of Monetary and Real Variables in the Republic of Croatia
Autori
Erjavec, Nataša ; Cota, Boris
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Proceedings of the 4th International Conference on Enterprise in Transition
/ - Split : Ekonomski fakultet Sveučilišta u Splitu, 2001, 1019-1031
Skup
4th International Conference on Enterprise in Transition
Mjesto i datum
Hvar, Hrvatska, 24.05.2001. - 26.05.2001
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
monetary variables; real variables; integration; cointegration; Johansen procedure; VAR model; ECM model; conditional ECM model
Sažetak
The main purpose of this paper is to analyse a multivariate cointegrated system of monetary and real variables in the Republic of Croatia. The variables included in the model are industrial production, money supply, retail prices and domestic credit. The results, based on a Johansen’ s procedure, suggest that there is one cointegration vector. It corresponds to a long-run relationship among the variables. Using a conditional ECM model changes in industrial production and money are than analysed.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Ekonomski fakultet, Zagreb
