This paper surveys the economic literature on the links between finance, law and growth in the Central and Eastern … based on an adequate legal system it can positively contribute to economic growth. However, the financial system in CEE …

Understanding the causal relationship between financial development and economic growth is important in enhancing the … development is cointegrated with economic growth in the context of Malaysia. Moreover, this test also suggests that stock market … development has a significant positive long-run impact on economic growth. Granger-causality test based on vector error correction …

stock market indices of India (Sensex), Hong Kong (Hang Seng), the USA (DJIA) and the UK (FTSE-100). Co-integration …

competitiveness as the price paid for the disinflation process. This reflects itself in lower wages, which in turn limit output growth …

floating exchange rate system by applying several recent developments in the econometrics of unit roots and cointegration …. Several interesting and important results are found. A single cointegration equation is identified whose coefficients conform … demonstrated through the use of Johansen’s multivariate cointegration technique that an unrestricted monetary model does provide a …

Turkish M1 by employing a recent single cointegration procedure proposed by Pesaran et al. (2001) along with the CUSUM and …

monetary factors. Keywords : Inflation; Co-integration, Vector Autoregression *The findings, interpretation and conclusions …