Showing 1 - 10 of 26
with controllable inflation rate, sign of efficiency and credibility. This work is proposing to come out with the impact of …
Persistent link: https://www.econbiz.de/10011258699
of credibility. The theory of divine coincidence which says that, only by stabilizing inflation the monetary authority … also stabilizes the economy without being a target, does not seem applicable in practice. This critique of inflation … measures and successfully control inflation which reaches in most cases around 2 percent. They are provided as credibility and …
Persistent link: https://www.econbiz.de/10011259394
This paper investigates the empirical relationship between labor productivity, real wages and real GDP in Singapore … from 1997 to 2011. The paper begins with a review of productivity, wage and growth situations in Singapore in the past … across industries. The empirical results suggest that in the Singapore economy, there exist a bi-directional causality …
Persistent link: https://www.econbiz.de/10009359942
The objective of this study is to discover the determinants of Direct Investment Abroad (DIA) of Singapore. It also … measures the impacts of various determinants on the DIA of Singapore. Based on theoretical justification, several potential …. Meanwhile, the increase (decrease) of DIA of Singapore is significantly related to the appreciation (depreciation) of the …
Persistent link: https://www.econbiz.de/10011108077
important tools for government to influence the economy. Exchange rate and inflation are believed to be the most appealing … studies on the effect of exchange-rate arrangements and inflation targeting on economic growth suffer from the absence of a … results consistently support that an inflation targeting regime has a positive impact on economic growth when compared with an …
Persistent link: https://www.econbiz.de/10011240777
We look at Korea's industrialization strategy and experience from the 1960s to the mid-1990s. Three elements of the Korean industrial development and structural change are discussed: 1) its outward orientation and export push, 2) its climb up the ladder of comparative advantage, and 3) its...
Persistent link: https://www.econbiz.de/10011112182
Is the SARB’s inflation target of 3-6% compatible with the 6% economic growth objective set by ASGISA? Estimations of … inflation-growth bivariate Threshold Vector Autoregressive with corresponding bivariate Threshold Vector Error Correction (BTVEC …-BTVAR) econometric models for sub-periods coupled with the South African inflation-growth experience between 1960 and 2010; suggest on …
Persistent link: https://www.econbiz.de/10011260136
A conventional reading of economic history implies that free market reforms rescued the world’s economies from stagnancy during the 1970s and 1980s. I reexamine a well-established econometric literature linking economic freedom to growth, and argue that their positive findings hinge on two...
Persistent link: https://www.econbiz.de/10009325575
The study examines possibility of threshold effect of inflation on economic growth over the period of 2000 …-2009. Estimated threshold model indicates that there is a non-linear relationship between economic growth and inflation in the … Azerbaijani economy and threshold level of inflation for GDP growth is 13 percent. Below threshold level inflation has …
Persistent link: https://www.econbiz.de/10009325590
inflation rate effect on financial development for low income countries. The study focuses on both the indirect finance and the … inflation and financial development interaction variable indicate that financial sector development is actually harmful for … economic growth when inflation is rising. Second, in contrast with the recent evidence of Beck and Levine (2003), use of more …
Persistent link: https://www.econbiz.de/10008550563