Showing 1 - 10 of 506
nominal interest rate is equalized with the US federal fund rate, but the inflation rates are independent. High oil prices and … the depreciating US dollar caused inflation to rise and real interest rates to be persistently negative in the UAE and …
Persistent link: https://www.econbiz.de/10008529275
Although the economic transition started in the early of 1990s, Hungary had a pioneer role in introducing the two … the first commercial bank was opened by the National Bank of Hungary and five foreign commercial banks were established in …
Persistent link: https://www.econbiz.de/10011110792
Using a recursive vector autoregression (VAR), this paper considers the relation between the U.S. real interest rate and the real oil price. Theoretically, as outlined in Hotelling (1931) and Working (1949), a lower real interest rate results in reduced production and increased storage, implying...
Persistent link: https://www.econbiz.de/10009397191
Using a half century of data, this empirical study adopts a simple loanable funds to investigate the impact of the budget deficits on the ex post real interest rate yield on high grade municipal bonds in the U.S. Autoregressive 2SLS estimates for the 1960-2012 study period find that the ex post...
Persistent link: https://www.econbiz.de/10011108975
This paper uses Malawian panel data to show the importance of geography and family relationships when studying remittances. We do not test any hypothesis as such, but instead demonstrate the significance of the source of remittances in testing hypotheses. When remittances are viewed from an...
Persistent link: https://www.econbiz.de/10005836532
Abstract: The paper analyzed the contribution of informally employed women (for the age group of 16-60 years) in their household budget. The urban informal sector absorbs the women workers largely. What are the determinants of their contribution in their household budgets to make survival of the...
Persistent link: https://www.econbiz.de/10005027146
Population ageing increases fiscal pressure by increasing the aged to working-age ratio, which simultaneously reduces the growth in government revenue and increases government social outlays. This study evaluates proposed tax and economic growth policies to meet the population ageing induced...
Persistent link: https://www.econbiz.de/10011258581
Pakistan. Consumption decisions determine savings decisions. In long term growth literature, differences in long term growth … had been explained to a large extent by differences in the rate of savings which also determine a country’s investment in … determinants of savings in Pakistan economy. The results indicate evidence of consumption smoothing and relatively stable Average …
Persistent link: https://www.econbiz.de/10011258849
savings, as distinct from savings through compulsory contributions to the program. We consider a microfinance program … income increases more in treatment-group households, the increase in personal savings of the microfinance …
Persistent link: https://www.econbiz.de/10011259347
This paper addresses the condition of savings and investments enviroment in the world economy and in particular regions …
Persistent link: https://www.econbiz.de/10011259981