The paper sought to explore the effect of capital flight on the economic growth nexus in Ghana. The study used quarterly time series data from 1976 to 2020 to test three hypotheses. The paper used non-linear autoregressive distributive lagged employing unit root test, co-integration test, and...

This study investigates the impact of exchange rate misalignment on outward capital flight in Botswana over the period 1980-2015. The study uses the autoregressive distributed lag (ARDL) approach to cointegration and the Toda and Yamamoto (1995) approach to Granger causality. Botswana's currency...

This paper sets up a small open economy TANK model with constrained households to address the driving forces of business cycles in Korea. The estimated model via Bayesian methodology shows that nearly half of households have lacked access to financial markets before the Asian financial crisis....

This paper sets up a small open economy TANK model with constrained households to address the driving forces of business cycles in Korea. The estimated model via Bayesian methodology shows that nearly half of households have lacked access to financial markets before the Asian financial crisis....