This article analyzes the presence of a price bubble in the new house market for the Greater Santiago. For the above use di®erent methodologies on the Real Housing Prices Index (IRPV) prepared by CEC-CChC, all of which reject the presence of a housing bubble in the concerned market.

En el presente trabajo se aplica el modelo de restricción de balanza de pagos de Thirlwall a la economía argentina en el periodo 1968-2003 y en subperiodos seleccionados. Los objetivos centrales son dos. En primer lugar, a través de dicho modelo indagar en las causas del lento crecimiento...

In this paper we estimate the long-term elasticity of public infrastructure of GDP for the period 1960-2010. It is important to note that while the term "equilibrium" in economics is quite broad, here we refer only to a stable statistical relationship between economic variables. In this paper we...

The paper focuses on China’s economic integration with Asia region and the world. It also attempts to find the long run relation with short run dynamics of China’s trade in Asia and the world. The augmented Dicky-Fuller (ADF) and Phillips-Perron (PP) methods are applied to test the...

Our goal in this paper is to explore the validity of Wagner’s Law in Saudi Arabia during the period (1970-2012) for real oil GDP and Non-oil GDP. Wagner’s Law investigated that fundamental economic growth is validity to the public sector growth. In the previous studies have been tested the...

Buying patterns of the country Pakistan has been investigated in regards to high and low involvement products. The investigation has taken various economic indicators namely inflation rate, unemployment rate, interest rate (average) and per capita income (MP) into account. The data years 1991...

The Quantity Theory of Money (QTM) is one of the popular classical macroeconomic models that explain the relationship between the quantity of money in an economy and the level of prices of goods and services. This study investigates this relationship for Nigeria economy over the period of 1960...

The vibration of fuel prices in the energy market of Pakistan has sprung to huge extent. From the economic perspective of any nation’s monetary uplifting, the government’s view can be achieved via increasing the fuel/ energy prices but such measures always disturbs to discontented civilians...

This paper studies the cyclical fluctuations of the Middle East and North Africa countries in interaction with world conjuncture. The purpose is to evaluate in which measure the volatility and the symmetry of these countries had been modified quite particularly after their external integration....