Showing 1 - 10 of 214
case of Ghana using the autoregressive distributed lag modelling framework. The data for the study spanned from January …
Persistent link: https://www.econbiz.de/10014232353
The study examined the effect of macroeconomic variables on exchange rate in Ghana using a multivariate modeling … GDP on exchange rate, for 76 quarterly observations period of 2000-2019, in Ghana and to examine their effectiveness in … managing exchange rate in Ghana. The study used only secondary sources of data from Bank of Ghana, World Development Indicators …
Persistent link: https://www.econbiz.de/10013179689
volatility on export diversification in Ghana for the period 1983 to 2015. The results indicate that exchange rate volatility has … asymmetric relationship with export diversification in Ghana. The study revealed that other drivers of export diversification in … Ghana are income, investment, infrastructure, openness, and inflation. The paper recommends that the Central Bank should …
Persistent link: https://www.econbiz.de/10011905194
The paper investigates the impact of exchange rate depreciation on the balance of payments (BOP) in Nigeria over the period 1961 - 2012. The analysis is based on a multivariate vector error correction framework. A long-term equilibrium relationship was found between BOP, exchange rate and other...
Persistent link: https://www.econbiz.de/10010474303
by means of threshold cointegration and asymmetric error correction modeling. The study provides evidence for non …-linear cointegration between our variables of interest. The estimated asymmetric error correction models provide new evidence for slower …
Persistent link: https://www.econbiz.de/10011449671
Clark and MacDonald (1998) the study uses a cointegration technique, which caters for endogeneity to estimate the …
Persistent link: https://www.econbiz.de/10012440315
Findings from previous studies indicate that the long-run stationarity of the real exchange rate in different time horizons remains unclear. In order to shed light on this problem, we have adopted a new method which is widely used to analyze signals, the so-called wavelet transformation. This...
Persistent link: https://www.econbiz.de/10013179654
. Real GDP and Foreign reserves were also added to the models as control variables. The Bounds test proved cointegration and …
Persistent link: https://www.econbiz.de/10011887547
This study analyzes the trilateral relationship between macroeconomic variables of oil prices, stock market index, and exchange rate to demonstrate their behavior and inter-relationship in the economic setup of Pakistan. The investigated period includes daily time series data ranging from 4...
Persistent link: https://www.econbiz.de/10014500264
followed by a co-integration technique by Johansen (1988). We find that stock market indexes serve as a transmission channel …
Persistent link: https://www.econbiz.de/10014500356