There is an ostensible relationship between whether or not a nation is developed and the interpretation and collection of data in this nation. For instance, if a country is developing, it is difficult to collect figures, though much simpler to interpret them. The opposite is the case in a...

We consider the randomness of market trade as the origin of price and return stochasticity. We look at time series of trade values and volumes as random variables during the averaging interval Δ and describe the dependences of market-based volatilities of price and return on the volatilities...

We analyse the time evolution of the empirical cross-sectional distribution of firms profit and growth rates. In particular, we analyse the conditional properties of the empirical distributions depending on the size of the firms and business cycle phase. In order to do so, we employ the Laplace...

In this paper, we focus on the analysis of the drivers of LSTI ratio dynamics. Against this backdrop, we try to bridge this gap by introducing an average synthetic LSTI calculation and examine how various factors affect the LSTI ratio of borrowers that took out consumer and housing loans in...

Non-Gaussian state-space models arise in several applications, and within this framework the binary time series setting provides a relevant example. However, unlike for Gaussian state-space models — where filtering, predictive and smoothing distributions are available in closed form — binary...

This paper uses four ADF-type unit root tests and four KPSS-type stationarity tests to examine whether the gender unemployment gap would converge to zero in Africa. Among these different tests, the two most restricted models, namely the ADF test and the KPSS test, indicate no convergence in the...

The outcome of the US presidential election is one of the most significant events that impacts trade, investment, and geopolitical policies on the global stage. It also sets the direction of the world economy and global politics for the next few years. Hence, it is of prime importance not just...

This paper analyses the impact and correlation of different education indicators on the economic growth of Kosova from 2012 to 2022. Using time-series data, this paper applies the Cobb-Douglas production function as a measurement model. The main findings demonstrate a mixed impact on growth,...

This paper analyses the impact and correlation of different education indicators on the economic growth of Kosova from 2012 to 2022. Using time-series data, this paper applies the Cobb-Douglas production function as a measurement model. The main findings demonstrate a mixed impact on growth,...

We evaluate the impact of international monetary policy spillovers from the US and China on the real exchange rate of Japan. While China remains the top largest trading partner to Japan, the US occupies the second position, indicating potential policy spillovers from these countries to Japan....