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Wagner's Law states that the share of government expenditure in Gross National Product (GNP) will increase with economic development; many associated empirical studies substitute GNP with Gross Domestic Product (GDP). This article presents an empirical investigation into the validity of Wagner's...
Persistent link: https://www.econbiz.de/10010549318
This article presents the details of an investigation into the relationship between investment and savings in Australia over the period 1960 to 2007. Using five time series techniques our results reveal that the Feldstein--Horioka puzzle exists in a weak form, with a lower saving retention...
Persistent link: https://www.econbiz.de/10010549363
This article presents an analysis of real wages, inflation and labour productivity interrelationships using cointegration, Granger causality and, most importantly, structural change tests. Applications of tests to Australian data over the 1965 to 2007 period corroborate the presence of a...
Persistent link: https://www.econbiz.de/10010549653
Monetary policy in Nigeria aims is to achieve price and monetary stability. During the 1980s and 1990s, monetary targeting was the dominant monetary policy framework in Nigeria. However, in 2006 the Central Bank of Nigeria (CBN) adopted the new monetary policy framework through which short-term...
Persistent link: https://www.econbiz.de/10010709430
Contents: Introduction: How can we enhance research? -- Part I: The essentials -- Part II: You find inspiration when you least expect it -- Part III: Broaden your methodological toolbox -- Part IV: Extra training expands minds -- Part V: Colleagues and collaborations -- Part VI: Conferences --...
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