Monetary theory traditionally assumes that economic agents hold the domestic currency for transactions and speculative purposes. However the v/idespread financial innovation has made the movements offunds and transfer of information across markets more rapid and less costly, leading to an...

The high degree of economic integration has led to an increased degree of currency substitution in the EU countries, which could bring instability in national money demand functions while an EU-wide money demand function could be more stable. Currency substitution usually takes the form of cross...

The high degree of economic integration has led to an increased degree of currency substitution in the EU countries, which could bring instability in national money demand functions while an EU-wide money demand function could be more stable. Currency substitution usually takes the form of cross...

This paper extends a two-period Overlapping Generations (OLG) model of endogenous growth in which associations between human capital, social capital, and health outcomes are critically examined for a low income country, India. If individuals with higher level of human capital can build strong...

This study investigates the determinants of provincial public health expenditures for Turkey, employing spatial econometrics models. To this end, the panel data at NUTS3 level for the period 2009-2019 have been employed. The exploratory spatial data analysis suggests that real GDP per capita,...