Showing 1 - 6 of 6
We examine the impact of inflation on financial development in Brazil, and the data available permit us to cover the … analyses—suggest that inflation presented deleterious effects on financial development during the period investigated here. The … variable that is important for affecting, (e.g., economic growth and income inequality). Therefore, low and stable inflation …
Persistent link: https://www.econbiz.de/10011048926
This paper proposes a monetary model with firm entry as a means for alleviating the difficulties of real business cycle models in reproducing the smoothness and persistence of macroeconomic variables together with the volatility of profits and markups. Simulations show that my baseline model...
Persistent link: https://www.econbiz.de/10010719410
This paper examines the long-run equilibrium and the existence and direction of a causal relationship between carbon emissions, financial development, economic growth, energy consumption and trade openness for India. Our main contribution to the literature on Indian studies lies in the...
Persistent link: https://www.econbiz.de/10010781954
forecasts. Finally, we use the same methodology to determine whether the Fed’s forecasts of GDP growth, inflation, and …
Persistent link: https://www.econbiz.de/10011117240
Workers' remittance is a major source of foreign exchange earnings and plays an important role in the economy of Bangladesh. It accounts for 12% of GDP in 2010. This paper examines with annual data for 1971–2008, whether the flow of remittances is contributing positively to the development of...
Persistent link: https://www.econbiz.de/10010577124
this purpose, we apply the bounds testing approach to cointegration between the variables. We establish the presence of …
Persistent link: https://www.econbiz.de/10010719363