How does inflation uncertainty interact with inflation rate? The purpose of this article is to assess this question in Egypt in a wavelets transform framework. We investigate the direction of causality in the relationship inflation-inflation uncertainty by combining component GARCH model,...

This study aims to investigate the food, agriculture and economic situation of Bangladesh in some details. Although it faces various problems in economic progress since the independent in 1971, in the last forty years the increase of food production, economic development and poverty reduction of...

The purpose of this research is to study empirically the dynamics of obesity in Finland and provide empirical evidence of temporal causality between obesity, health expenditure, unemployment, urbanization, alcohol consumption and calorie intake. The paper employs bounds testing cointegration...

The paper is devoted to the analysis of impulses summoned by shifts in Russian economy's money supply. We catch the shocks outgoing to primal elements of gross domestic product, i.e. consumption of goods and durables, capital investment, public expenditures and net export. Using VEC model we...

The nexus between inflation and its uncertainty has been a topic of wide dispute. Using wavelet decomposition and with special reference to Egypt for the period 1960-2013, we find that the focal relationship varies substantially among the different frequencies involved. In the short-run,...

This focus of this paper are the effect, implication, impact and realtionship between selected macroeconomic variables and wider US indices S&P 500 and industrial Dow Jones Industrial Average (DJIA). Considered are inflation, interest rates, money supply, producer price index, industrial...

This paper proposes to assess the usefulness of central banks forward guidance since the start of the global economic crisis. Using a novel approach, the Wordscores methodology, we reveal that since 2009, central banks do provide a temporal guidance of their accommodative policy that can be...

This paper examines the bilateral trade dynamics of the EU with its major trade partners. Previous studies on the bilateral trade dynamics of the EU have been based on estimations without the consideration of the presence of structural breaks. This paper examines the impacts of the real exchange...

This study is different from previous energy-GDP cointegration/causality ones by examining whether total energy consumption by industry causes total industry GDP (or vice versa), and whether per capita GDP causes per capita road and residential sector energy use (or vice versa) for a number of...

Present study reveals the impact of electricity production on economic growth in Pakistan. It covers the period of 1975-2010 and assumes a log-linear relationship between the variables. Both the bounds test and Johansen test for cointegration indicate a unique long-run relationship between the...