Showing 1 - 10 of 489
This paper examines the determinants of inflation differentials in a panel of West African Monetary Zone (WAMZ) states vis-à-vis its set benchmark for macroeconomic convergence since 2000 to date. Using a stylized 5-country model of WAMZ area, the differences in national inflation is analyzed...
Persistent link: https://www.econbiz.de/10005787021
Within the context of the Sustainable Development Goals (SDGs), the gender equality in education is considered one of the most challenging goals for most developing economies. Using Panel Least Square with Regional Dummies (LSDV) for a sample of Developing countries over the period 1990 to 2014,...
Persistent link: https://www.econbiz.de/10013233487
The purpose of this study is to assess the markets integration within Malaysia by examine the price convergence across Peninsular Malaysia, Sabah and Sarawak. Disaggregate monthly price data for various types of goods or services in Peninsular Malaysia, Sabah and Sarawak were utilized. Levin and...
Persistent link: https://www.econbiz.de/10011108445
This paper explores relative price convergence for 18 cities in Turkey. The convergence implies stationarity in the long run. Henceforth, to observe whether price convergence occurs or not, this study conducts unit root tests following Lee and Strazicich (2003) with two structural breaks in...
Persistent link: https://www.econbiz.de/10011113623
There is a major downward bias in the trend of most existing estimates of the periphery’s nineteenth-century terms of trade. By using prices from the North Atlantic core as proxies for prices in the peripheral countries themselves, historians ignore the dramatic price convergence that took...
Persistent link: https://www.econbiz.de/10011114032
The purpose of this paper is to inspect whether Financial risk influence FDI in Pakistan economy. In order to achieve … causality test has been used. Time series data for the year 1982 to 2011 is used and this study measures the financial risk by … of foreign debt can attract more foreign direct investment in the country. The paper shows that financial risk has …
Persistent link: https://www.econbiz.de/10011272690
This paper on bilateral trade talk between Nigeria and India: a recipe seeks to assess the impact of exogenous factors on bilateral trade flows between the two countries. Gravity model of bilateral trade flow with import and export as regressands were estimated with income, exchange rate and...
Persistent link: https://www.econbiz.de/10011258680
household’s behavior in two main cases: stable exchange rate regime (exchange rate regime with FX risk) and variable exchange … rate regime (exchange rate regime without exchange rate risk). The households make different choices under alternate …
Persistent link: https://www.econbiz.de/10011259026
as exchange rate is expected to have a significant effect on the borrowers’ creditworthiness or a shift in risk regime … may have occurred, risk management models based on backward-looking statistical methods are inadequate. Unlike the other … approaches to risk modeling, the discussed approach for dynamic risk modeling doesn't ignore causation in favor of correlation …
Persistent link: https://www.econbiz.de/10011259234
Aim: The paper aimed at examining the asymmetric effect of oil price shock on exchange rate and domestic investment in Nigeria. Study Design: Country case study. Place and Duration of Study: Nigeria. Time series data ranging from 1970-2010. Methodology: This study utilised elaborate econometric...
Persistent link: https://www.econbiz.de/10011259779