Katarina Juselius

Biographic Data

ID4376320
NAMEKatarina Juselius
GIVEN NAMESKatarina
FAMILY NAMEJuselius
SIGNATUREJUSELIUS K
AFFILIATIONSUniversity of Copenhagen
VERIFIEDNo
TOTAL WORKS7
TOTAL CITATIONS42
WORKS AS AUTHOR7
WORKS AS EDITOR0
FIRST PUBLICATION YEAR1990
LATEST PUBLICATION YEAR2026
H-INDEX1

  • Inflation Control in a CVAR Model With an Application to the Burns/Miller Period in the USA

    Open AccessSøren Johansen, Katarina JuseliusARTICLEOxford Bulletin of Economics and…2026

    The paper addresses the problem of “how to make a nonstationary inflation rate stationary by controlling the policy instrument”. It shows that a necessary condition is a significant non‐zero element in the long‐run impact matrix. An application to US data covering the Burns/Miller periods finds a significant, but positive, long‐run impact on inflation from a shock to the policy rate. Furthermore, the long‐term bond rate was not found to be cointe…

  • The Real Exchange Rate, Foreign Aid and Macroeconomic Transmission Mechanisms in Tanzania and Ghana

    Open AccessKatarina Juselius, Abdulaziz Reshid et al.ARTICLEThe Journal of Development Studies2017

    A recent study of 36 sub-Saharan African countries found a positive impact of aid in the majority of these countries. However, for Tanzania and Ghana, two major aid recipients, aid did not seem to have been equally beneficial. This study singles out these two countries for a more detailed empirical investigation. The focus is on the effect of aid when allowing external and nominal factors to play a role in the macroeconomic transmission mechanism…

  • The Financial Crisis and the Systemic Failure of Academic Economics

    Open AccessDavid Colander, Hans Föllmer et al.ARTICLESSRN Electronic Journal2009

  • The Financial Crisis and the Systemic Failure of the Economics Profession

    David Colander, Michael Goldberg et al.ARTICLECritical Review2009Cited by: 42References: 18

    Economists not only failed to anticipate the financial crisis; they may have contributed to it—with risk and derivatives models that, through spurious precision and untested theoretical assumptions, encouraged policy makers and market participants to see more stability and risk sharing than was actually present. Moreover, once the crisis occurred, it was met with incomprehension by most economists because of models that, on the one hand, downplay…

  • A Structured VAR for Denmark Under Changing Monetary Regimes

    Katarina JuseliusARTICLEJournal of Business and Economic…1998

    Using recently developed statistical tools for analyzing cointegrated 1(2) data, this article models money, income, prices, and interest rates in Denmark. The final model describes the dynamic adjustment to short-run changes of the process, to deviations from long-run steady states, and to several political interventions. It provides new insights about the effects of the liberalization of trade and capital in a small open European economy

  • Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK

    Open AccessSøren Johansen, S∅ren Johansen et al.ARTICLEJournal of Econometrics1992

  • Maximum Likelihood Estimation and Inference on Cointegration — With Applications to the Demand for Money

    Open AccessSøren Johansen, Katarina JuseliusARTICLEOxford Bulletin of Economics and…1990

    This paper gives a systematic application of maximum likelihood inference concerning cointegration vectors in non-stationary vector valued autoregressive time series models with Gaussian errors, where the model includes a constant term and seasonal dummies. The hypothesis of cointegration is given a simple parametric form in terms of cointegration vectors and their weights. The relation between the constant term and a linear trend in the non-stat…