This study investigates the impact of stock market development on economic growth in China. To this end, the quarterly data from 1996 to 2011 are used and the empirical investigation is conducted within the unit root and the cointegration framework. The results show that the relationship between...

This study investigates the impact of stock market development on economic growth in China. To this end, the quarterly data from 1996 to 2011 are used and the empirical investigation is conducted within the unit root and the cointegration framework. The results show that the relationship between...

This study investigates the impact of economic globalization, as characterized by increasing international trade and foreign direct investment (FDI) flows, on income distribution in China. The Gini coefficients - the conventional measure of income inequality - are used in this study and the...

This note examines the non-stationarity property of a most widely used Canadian poverty measure, low income cut-off, for Canada and for each of its ten provinces using various unit root tests which started gaining popularity since the early 1980s. Most test results indicate that the Canadian...

Several recent studies have investigated whether the size distribution of income in the United States follows a random walk meaning that it has a unit root, with mixed results. In this paper, we investigate the same issue using Canadian national and provincial income inequality data. The...

This study examines the proximate determinants of velocity of money in post-reform China. It confirms that China is still in the first phase (declining) of U-shaped velocity behavior witnessed in other industrialized countries. The empirical results also show that the decline in M2 velocity is...

This note examines the non-stationarity property of a most widely used Canadian poverty measure, low income cut-off, for Canada and for each of its ten provinces using various unit root tests which started gaining popularity since the early 1980s. Most test results indicate that the Canadian...