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This study tries to ascertain the behaviour of some major macroeconomic factors that would drive Ghana’s economic growth using Johansen approach to cointegration. The study uses quarterly data from 1980:Q1 to 2013:Q4. The data were first analyzed using the Augmented Dickey Fuller (ADF and...
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, Consumer Price Index (CPI - Inflation), Current Account Deficit, and Stock Prices. Secondary data were used, USA, Pakistan and …. The empirical results show that equality has a negative impact on economic growth of USA, Pakistan and rest of the World …. Results indicate that the pandemic have a significant effect on the interest rate of World, USA and Pakistan which increases …
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This study aims to explore the asymmetric relationships between global oil prices and the selected Vietnam macroeconomic indicators using both quantile-on-quantile regression and Granger causality in quantile frameworks. The macroeconomic factors under study, as expected, have a strong...
Persistent link: https://www.econbiz.de/10013431428
Making use of a post-Keynesian/Kaleckian two-country stock-flow consistent (SFC) simulation model, we shed light on different regimes in modern finance-dominated capitalism, their interaction at the global scale, and then on the changes in regimes after the 2007-09 crises. Most importantly, we...
Persistent link: https://www.econbiz.de/10014550808
Conventional economic wisdom has long maintained that there is a necessary trade-off between pursuit of the efficiency of a system and any attempts to improve equity between participants within that system. Economist Robert Lucas demonstrated the implications of this common economic axiom when...
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