Details about Katarina Juselius

Homepage:	https://www.econ.ku.dk/ansatte/emeriti/?pure=da/persons/142900
Workplace:	Økonomisk Institut (Department of Economics), Københavns Universitet (University of Copenhagen), (more information at EDIRC)

Access statistics for papers by Katarina Juselius.

Last updated 2024-11-06. Update your information in the RePEc Author Service.

Short-id: pju54

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Working Papers

2018

1. Searching for a theory that fits the data: A personal research odyssey
   Discussion Papers, University of Copenhagen. Department of Economics
   See also Journal Article Searching for a Theory That Fits the Data: A Personal Research Odyssey, Econometrics, MDPI (2021) View citations (4) (2021)
2. The Greek crisis: A story of self-reinforcing feedback mechanisms
   Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel)
   Also in Discussion Papers, University of Copenhagen. Department of Economics View citations (1)
   See also Journal Article The Greek crisis: A story of self-reinforcing feedback mechanisms, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2019) View citations (3) (2019)

2017

3. A CVAR scenario for a standard monetary model using theory-consistent expectations
   Discussion Papers, University of Copenhagen. Department of Economics View citations (1)
4. Using a Theory-Consistent CVAR Scenario to Test an Exchange Rate Model Based on Imperfect Knowledge
   Discussion Papers, University of Copenhagen. Department of Economics View citations (6)
   See also Journal Article Using a Theory-Consistent CVAR Scenario to Test an Exchange Rate Model Based on Imperfect Knowledge, Econometrics, MDPI (2017) View citations (6) (2017)

2015

5. Real exchange rate persistence: The case of the Swiss franc-US dollar rate
   Working Papers, Swiss National Bank View citations (1)
   Also in Discussion Papers, University of Copenhagen. Department of Economics (2014)

2014

6. Testing for near I(2) trends when the signal to noise ratio is small
   Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (7)
   Also in Discussion Papers, University of Copenhagen. Department of Economics (2013) View citations (1)
   See also Journal Article Testing for near I(2) trends when the signal-to-noise ratio is small, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2014) View citations (7) (2014)
7. The Real Exchange Rate, Foreign Aid and Macroeconomic Transmission Mechanisms in Tanzania and Ghana
   Discussion Papers, University of Copenhagen. Department of Economics View citations (4)
   Also in WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) (2013) View citations (2)
   See also Journal Article The Real Exchange Rate, Foreign Aid and Macroeconomic Transmission Mechanisms in Tanzania and Ghana, Journal of Development Studies, Taylor & Francis Journals (2017) View citations (7) (2017)

2012

8. Experiments, Passive Observation and Scenario Analysis: Trygve Haavelmo and the Cointegrated Vector Autoregression
   Discussion Papers, University of Copenhagen. Department of Economics
9. Haavelmo's Probability Approach and the Cointegrated VAR
   Discussion Papers, University of Copenhagen. Department of Economics
   See also Journal Article HAAVELMO’S PROBABILITY APPROACH AND THE COINTEGRATED VAR, Econometric Theory, Cambridge University Press (2015) View citations (6) (2015)

2011

10. The Long-Run Impact of Foreign Aid in 36 African Countries: Insights from Multivariate Time Series Analysis
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (4)
    See also Journal Article The Long-Run Impact of Foreign Aid in 36 African Countries: Insights from Multivariate Time Series Analysis, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2014) View citations (75) (2014)

2010

11. An Invariance Property of the Common Trends under Linear Transformations of the Data
    Discussion Papers, University of Copenhagen. Department of Economics View citations (2)
    Also in CREATES Research Papers, Department of Economics and Business Economics, Aarhus University (2010) View citations (2)
12. Does it matter how aggregates are measured? The case of monetary transmission mechanisms in the euro area
    Working Paper Series, European Central Bank View citations (14)
13. Imperfect Knowledge, Asset Price Swings and Structural Slumps: A Cointegrated VAR Analysis of Their Interdependence
    Discussion Papers, University of Copenhagen. Department of Economics View citations (3)
14. On the Role of Theory and Evidence in Macroeconomics
    Discussion Papers, University of Copenhagen. Department of Economics View citations (2)
    See also Chapter On the Role of Theory and Evidence in Macroeconomics, Chapters, Edward Elgar Publishing (2011) View citations (1) (2011)

2009

15. A Resolution of the Purchasing Power Parity Puzzle: Imperfect Knowledge and Long Swings
    CREATES Research Papers, Department of Economics and Business Economics, Aarhus University View citations (2)
    Also in Discussion Papers, University of Copenhagen. Department of Economics (2008) View citations (9)
16. The Financial Crisis and the Systemic Failure of Academic Economics
    Middlebury College Working Paper Series, Middlebury College, Department of Economics View citations (162)
    Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2009) View citations (158)
    Discussion Papers, University of Copenhagen. Department of Economics (2009) View citations (195)
    See also Journal Article The Financial Crisis and the Systemic Failure of Academic Economics, Voprosy Ekonomiki, NP Voprosy Ekonomiki (2010) (2010)
17. Time to reject the privileging of economic theory over empirical evidence? A Reply to Lawson (2009)
    Discussion Papers, University of Copenhagen. Department of Economics View citations (2)

2008

18. Does it Matter How to Measure Aggregates? The Case of Monetary Transmission Mechanisms in the Euro Area
    Discussion Papers, University of Copenhagen. Department of Economics View citations (3)
19. Testing hypotheses in an I(2) model with applications to the persistent long swings in the Dmk/$ rate
    CREATES Research Papers, Department of Economics and Business Economics, Aarhus University View citations (5)
    Also in Discussion Papers, University of Copenhagen. Department of Economics (2007) View citations (5)
20. Wage, Price and Unemployment Dynamics in the Spanish Transition to EMU Membership
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel)
    Also in Working Papers. Serie EC, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) (2008)

2007

21. Allowing the Data to Speak Freely: The Macroeconometrics of the Cointegrated Vector Autoregression
    Discussion Papers, University of Copenhagen. Department of Economics View citations (7)
    See also Journal Article Allowing the Data to Speak Freely: The Macroeconometrics of the Cointegrated Vector Autoregression, American Economic Review, American Economic Association (2008) View citations (87) (2008)
22. Taking a DSGE Model to the Data Meaningfully
    Economics Discussion Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (26)
    See also Journal Article Taking a DSGE Model to the Data Meaningfully, Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel) (2007) View citations (23) (2007)
23. The PPP Puzzle: What the Data Tell when Allowed to Speak Freely
    Discussion Papers, University of Copenhagen. Department of Economics View citations (1)

2005

24. Extracting Information from the Data: A Popperian View on Empirical Macro
    Discussion Papers, University of Copenhagen. Department of Economics View citations (5)
25. The Balassa-Samuelson Effect and the Wage, Price and Unemployment Dynamics in Spain
    Discussion Papers, University of Copenhagen. Department of Economics
    Also in Working Papers, Asociación Española de Economía y Finanzas Internacionales (2005)
    Working Papers on International Economics and Finance, FEDEA

2004

26. Inflation, Money Growth, and I(2) Analysis
    Discussion Papers, University of Copenhagen. Department of Economics
    See also Chapter Inflation, Money Growth, and 1(2) Analysis, Contributions to Economic Analysis, Emerald Group Publishing Limited (2004) (2004)

2003

27. International Parity Relationships Between Germany and the United States: A Joint Modelling Approach
    FRU Working Papers, University of Copenhagen. Department of Economics. Finance Research Unit View citations (10)
    Also in Discussion Papers, University of Copenhagen. Department of Economics (2000) View citations (30)

2002

28. High Inflation, Hyperinflation and Explosive Roots: The Case of Yugoslavia
    Discussion Papers, University of Copenhagen. Department of Economics View citations (8)
29. Wage, Price, and Unemployment Dynamics and the Convergence to Purchasing Power Parity in the Euro Area
    Discussion Papers, University of Copenhagen. Department of Economics View citations (3)

2001

30. Controlling Inflation in a Cointegrated Vector Autoregressive Model with an Application to US Data
    Discussion Papers, University of Copenhagen. Department of Economics View citations (27)
    Also in Economics Working Papers, European University Institute (2001) View citations (12)
31. Unit Roots and the Demand for Cigarettes in Turkey: Pitfalls and Possibilities
    Discussion Papers, University of Copenhagen. Department of Economics View citations (7)

2000

32. Explaining Cointegration Analysis: Part II
    Discussion Papers, University of Copenhagen. Department of Economics View citations (157)
    See also Journal Article Explaining Cointegration Analysis: Part II, The Energy Journal, International Association for Energy Economics (2001) View citations (152) (2001)
33. Interest Rate and Price Linkages between the USA and Japan: Evidence from the Post-Bretton Woods Period
    Discussion Papers, University of Copenhagen. Department of Economics View citations (10)

1999

34. Do prices move together in the long run? An I(2) analysis of six price indices
    Discussion Papers, University of Copenhagen. Department of Economics View citations (1)
35. Dynamic Models and Structural Shift: Monetary Transmission Mechanisms in Italy before and after EMS
    Discussion Papers, University of Copenhagen. Department of Economics
36. Models and Relations in Economics and Econometrics
    Discussion Papers, University of Copenhagen. Department of Economics View citations (37)
    See also Journal Article Models and relations in economics and econometrics, Journal of Economic Methodology, Taylor & Francis Journals (1999) View citations (34) (1999)
37. The Effect of Joining the EMS: Monetary Transmission Mechanisms in Spain
    Discussion Papers, University of Copenhagen. Department of Economics View citations (8)

1997

38. Changing Monetary Transmission Mechanisms within the EU
    Discussion Papers, University of Copenhagen. Department of Economics
    See also Journal Article Changing monetary transmission mechanisms within the EU, Empirical Economics, Springer (1998) View citations (32) (1998)

1996

39. A Structured VAR under Changing Monetary Policy
    Discussion Papers, University of Copenhagen. Department of Economics View citations (11)
40. An Empirical Analysis of the Changing Role of the German Bundesbank after 1983
    Discussion Papers, University of Copenhagen. Department of Economics View citations (26)
    See also Journal Article An Empirical Analysis of the Changing Role of the German Bundesbank after 1983, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (1996) View citations (27) (1996)

1993

41. Do Purchasing Power Parity and Uncovered Interest Rate Parity Hold in the Long Run? - An Example of Likelihood in a Multivariate Time-Series Model
    Discussion Papers, University of Copenhagen. Department of Economics View citations (2)
42. VAR Modelling and Haavelmo's Probability Approach to Macroeconomic Modelling
    Discussion Papers, University of Copenhagen. Department of Economics View citations (20)
    See also Journal Article VAR Modelling and Haavelmo's Probability Approach to Macroeconomic Modelling, Empirical Economics, Springer (1993) View citations (20) (1993)

1992

43. Identification of the Long-Run and the Short-Run Structure: An Application to the ISLM Model
    Discussion Papers, University of Copenhagen. Department of Economics View citations (5)
    See also Journal Article Identification of the long-run and the short-run structure an application to the ISLM model, Journal of Econometrics, Elsevier (1994) View citations (306) (1994)

1991

44. Domestic and Foreign Effects on Prices in an Open Economy
    Discussion Papers, University of Copenhagen. Department of Economics View citations (2)
45. Long-Run Relations in Australian Monetary Data
    Working Papers, Australian National University - Department of Economics View citations (4)
    Also in Discussion Papers, University of Copenhagen. Department of Economics (1991) View citations (4)
46. On the Design of Experiments when Data are Collected by Passive Observation
    Discussion Papers, University of Copenhagen. Department of Economics
47. On the Duality between Long-run Relations and Common Trends in an Empirical Analysis of Aggregate Money Holdings
    Discussion Papers, University of Copenhagen. Department of Economics View citations (3)

1990

48. Long-run Relations in a Well Defined Statistical Model for the Data Generating Process. Cointegration Analysis of the PPP and the UIP Relations
    Discussion Papers, University of Copenhagen. Department of Economics View citations (8)
49. Some Structural Hypotheses in a Multivariate Cointegration Analysis of the Purchasing Power Parity and the Uncovered Interest Parity for UK
    Discussion Papers, University of Copenhagen. Department of Economics View citations (25)

1989

50. Stationary Disequilibrium Error Processes in the Danish Money Market. An Application of ML Cointegration
    Discussion Papers, University of Copenhagen. Department of Economics View citations (2)
51. The Full Information Maximum Likelihood Procedure for Inference on Cointegration - with Applications
    Discussion Papers, University of Copenhagen. Department of Economics View citations (23)

1988

52. Cointegration and Identification in a Vector Time Series Model: An Application to the Demand for Money in Denmark
    Discussion Papers, University of Copenhagen. Department of Economics View citations (1)
53. Hypothesis Testing for Cointegration Vectors: with Application to the Demand for Money in Denmark and Finland
    Discussion Papers, University of Copenhagen. Department of Economics View citations (21)
54. Model Based Seasonal Extraction with both Deterministic and Stochastic Seasonality: Some Simulation Results
    Discussion Papers, University of Copenhagen. Department of Economics

Journal Articles

2022

1. A Theory-Consistent CVAR Scenario for a Monetary Model with Forward-Looking Expectations
   Econometrics, 2022, 10, (2), 1-15 View citations (2)

2021

2. Disequilibrium macroeconometrics
   (The financial crisis and the systemic failure of the academics profession)
   Industrial and Corporate Change, 2021, 30, (2), 357-376 View citations (1)
3. Searching for a Theory That Fits the Data: A Personal Research Odyssey
   Econometrics, 2021, 9, (1), 1-27 View citations (4)
   See also Working Paper Searching for a theory that fits the data: A personal research odyssey, Discussion Papers (2018) (2018)

2019

4. The Greek crisis: A story of self-reinforcing feedback mechanisms
   Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2019, 13, 1-22 View citations (3)
   See also Working Paper The Greek crisis: A story of self-reinforcing feedback mechanisms, Economics Discussion Papers (2018) (2018)

2018

5. Are outcomes driving expectations or the other way around? An I(2) CVAR analysis of interest rate expectations in the dollar/pound market
   Journal of International Money and Finance, 2018, 83, (C), 93-105 View citations (16)

2017

6. Real exchange rate persistence and the excess return puzzle: The case of Switzerland versus the US
   Journal of Applied Econometrics, 2017, 32, (6), 1145-1155 View citations (18)
7. Recent Developments in Cointegration
   Econometrics, 2017, 6, (1), 1-5 View citations (3)
8. The Real Exchange Rate, Foreign Aid and Macroeconomic Transmission Mechanisms in Tanzania and Ghana
   Journal of Development Studies, 2017, 53, (7), 1075-1103 View citations (7)
   See also Working Paper The Real Exchange Rate, Foreign Aid and Macroeconomic Transmission Mechanisms in Tanzania and Ghana, Discussion Papers (2014) View citations (4) (2014)
9. Using a Theory-Consistent CVAR Scenario to Test an Exchange Rate Model Based on Imperfect Knowledge
   Econometrics, 2017, 5, (3), 1-20 View citations (6)
   See also Working Paper Using a Theory-Consistent CVAR Scenario to Test an Exchange Rate Model Based on Imperfect Knowledge, Discussion Papers (2017) View citations (6) (2017)

2015

10. HAAVELMO’S PROBABILITY APPROACH AND THE COINTEGRATED VAR
    Econometric Theory, 2015, 31, (2), 213-232 View citations (6)
    See also Working Paper Haavelmo's Probability Approach and the Cointegrated VAR, Discussion Papers (2012) (2012)
11. TRYGVE HAAVELMO’S EXPERIMENTAL METHODOLOGY AND SCENARIO ANALYSIS IN A COINTEGRATED VECTOR AUTOREGRESSION
    Econometric Theory, 2015, 31, (2), 249-274 View citations (8)

2014

12. An asymptotic invariance property of the common trends under linear transformations of the data
    Journal of Econometrics, 2014, 178, (P2), 310-315 View citations (11)
13. Testing for near I(2) trends when the signal-to-noise ratio is small
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2014, 8, 1-30 View citations (7)
    See also Working Paper Testing for near I(2) trends when the signal to noise ratio is small, Economics Discussion Papers (2014) View citations (7) (2014)
14. The Long-Run Impact of Foreign Aid in 36 African Countries: Insights from Multivariate Time Series Analysis
    Oxford Bulletin of Economics and Statistics, 2014, 76, (2), 153-184 View citations (75)
    See also Working Paper The Long-Run Impact of Foreign Aid in 36 African Countries: Insights from Multivariate Time Series Analysis, WIDER Working Paper Series (2011) View citations (4) (2011)

2011

15. Time to reject the privileging of economic theory over empirical evidence? A reply to Lawson
    Cambridge Journal of Economics, 2011, 35, (2), 423-436 View citations (9)

2010

16. Testing hypotheses in an I(2) model with piecewise linear trends. An analysis of the persistent long swings in the Dmk/$ rate
    Journal of Econometrics, 2010, 158, (1), 117-129 View citations (46)
17. The Financial Crisis and the Systemic Failure of Academic Economics
    Voprosy Ekonomiki, 2010, (6)
    See also Working Paper The Financial Crisis and the Systemic Failure of Academic Economics, Middlebury College Working Paper Series (2009) View citations (162) (2009)

2009

18. Balassa-Samuelson and Wage, Price and Unemployment Dynamics in the Spanish Transition to EMU Membership
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2009, 3, 1-30 View citations (13)
19. Special Issue on Using Econometrics for Assessing Economic Models: An Introduction
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2009, 3, 1-20 View citations (7)

2008

20. Allowing the Data to Speak Freely: The Macroeconometrics of the Cointegrated Vector Autoregression
    American Economic Review, 2008, 98, (2), 251-55 View citations (87)
    See also Working Paper Allowing the Data to Speak Freely: The Macroeconometrics of the Cointegrated Vector Autoregression, Discussion Papers (2007) View citations (7) (2007)

2007

21. Taking a DSGE Model to the Data Meaningfully
    Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2007, 1, 1-38 View citations (23)
    See also Working Paper Taking a DSGE Model to the Data Meaningfully, Economics Discussion Papers (2007) View citations (26) (2007)

2005

22. Monetary transmission mechanisms in Spain: The effect of monetization, financial deregulation, and the EMS
    Journal of International Money and Finance, 2005, 24, (3), 509-531 View citations (24)

2004

23. International parity relationships between the USA and Japan
    Japan and the World Economy, 2004, 16, (1), 17-34 View citations (71)

2001

24. European integration and monetary transmission mechanisms: the case of Italy
    Journal of Applied Econometrics, 2001, 16, (3), 341-358 View citations (24)
25. Explaining Cointegration Analysis: Part II
    The Energy Journal, 2001, Volume22, (Number 1), 75-120 View citations (152)
    Also in The Energy Journal, 2001, 22, (1), 75-120 (2001) View citations (7)
    The Energy Journal, 2000, 21, (1), 1-42 (2000) View citations (7)
    The Energy Journal, 2000, Volume21, (Number 1), 1-42 (2000) View citations (180)
    See also Working Paper Explaining Cointegration Analysis: Part II, Discussion Papers (2000) View citations (157) (2000)

1999

26. Models and relations in economics and econometrics
    Journal of Economic Methodology, 1999, 6, (2), 259-290 View citations (34)
    See also Working Paper Models and Relations in Economics and Econometrics, Discussion Papers (1999) View citations (37) (1999)

1998

27. A Structured VAR for Denmark under Changing Monetary Regimes
    Journal of Business & Economic Statistics, 1998, 16, (4), 400-411 View citations (28)
28. Changing monetary transmission mechanisms within the EU
    Empirical Economics, 1998, 23, (3), 455-481 View citations (32)
    See also Working Paper Changing Monetary Transmission Mechanisms within the EU, Discussion Papers (1997) (1997)

1996

29. An Empirical Analysis of the Changing Role of the German Bundesbank after 1983
    Oxford Bulletin of Economics and Statistics, 1996, 58, (4), 791-819 View citations (27)
    See also Working Paper An Empirical Analysis of the Changing Role of the German Bundesbank after 1983, Discussion Papers (1996) View citations (26) (1996)

1995

30. Do purchasing power parity and uncovered interest rate parity hold in the long run? An example of likelihood inference in a multivariate time-series model
    Journal of Econometrics, 1995, 69, (1), 211-240 View citations (159)
31. Predictable and unpredictable components of the long-run growth in nominal prices
    Mathematics and Computers in Simulation (MATCOM), 1995, 39, (3), 257-263

1994

32. Identification of the long-run and the short-run structure an application to the ISLM model
    Journal of Econometrics, 1994, 63, (1), 7-36 View citations (306)
    See also Working Paper Identification of the Long-Run and the Short-Run Structure: An Application to the ISLM Model, Discussion Papers (1992) View citations (5) (1992)

1993

33. VAR Modelling and Haavelmo's Probability Approach to Macroeconomic Modelling
    Empirical Economics, 1993, 18, (4), 595-622 View citations (20)
    See also Working Paper VAR Modelling and Haavelmo's Probability Approach to Macroeconomic Modelling, Discussion Papers (1993) View citations (20) (1993)

1992

34. Domestic and foreign effects on prices in an open economy: The case of Denmark
    Journal of Policy Modeling, 1992, 14, (4), 401-428 View citations (81)
35. Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK
    Journal of Econometrics, 1992, 53, (1-3), 211-244 View citations (813)

1990

36. Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money
    Oxford Bulletin of Economics and Statistics, 1990, 52, (2), 169-210 View citations (5695)

1985

37. Modelling short- and long-term effects in the aggregate demand for soft drinks
    International Journal of Forecasting, 1985, 1, (3), 253-272

Books

2006

1. The Cointegrated VAR Model: Methodology and Applications
   OUP Catalogue, Oxford University Press View citations (710)

Chapters

2011

1. On the Role of Theory and Evidence in Macroeconomics
   Chapter 17 in The Elgar Companion to Recent Economic Methodology, 2011 View citations (1)
   See also Working Paper On the Role of Theory and Evidence in Macroeconomics, University of Copenhagen. Department of Economics (2010) View citations (2) (2010)

2009

2. The Long Swings Puzzle: What the Data Tell When Allowed to Speak Freely
   Palgrave Macmillan View citations (9)

2004

3. Inflation, Money Growth, and 1(2) Analysis
   A chapter in New Directions in Macromodelling, 2004, pp 69-106
   See also Working Paper Inflation, Money Growth, and I(2) Analysis, University of Copenhagen. Department of Economics (2004) (2004)