Showing 1 - 10 of 2,574
autoregression (VAR) model, error correction model (ECM), and the Granger causality to check the relationship between the tourism … growth is affected by domestic tourism, while the ECM model shows unidirectional results in the short term. Similarly, there …
Persistent link: https://www.econbiz.de/10013199537
The degree of international risk sharing matters for how monetary policy should optimally be conducted in an open economy. This is because risk sharing affects the way in which monetary policy is affected by terms of trade considerations. In a standard two-country model with monopolistic...
Persistent link: https://www.econbiz.de/10010322433
The determinants of venture capital investment have attracted a significant amount of attention from both academics and policymakers. We use a version of the Keuschnigg-Nielsen model for venture-capital financed projects to condition our analysis on a reasonable set of exogenous variables but we...
Persistent link: https://www.econbiz.de/10011435308
This paper reviews the factors that will determine the shape of financial markets under EMU. It argues that financial markets will not be unified by the introduction of the euro. National central banks have a vested interest in preserving local idiosyncracies (e.g. the Wechsels in Germany) and...
Persistent link: https://www.econbiz.de/10010317389
We investigate whether idiosyncratic interbank funding shocks affecting a bank headquarters can trigger a liquidity hoarding reaction by their regional branches. Shock-affected branches of Brazilian banks increase liquid assets and cut lending in the shocks' aftermath compared to non-affected...
Persistent link: https://www.econbiz.de/10012518411
This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and … 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate … need for smaller family size has to be an integral part of policy aimed at poverty reduction in Nigeria. The support of the …
Persistent link: https://www.econbiz.de/10011310239
growth in Nigeria over the period 1981-2014 using the autoregressive distributed lag (ARDL) approach to co …-integration analysis. Controlling for the possible effects of crude oil price and trade openness on economic activities in Nigeria, this … study found both stock market and banking sector development insignificant in influencing economic growth in Nigeria. In …
Persistent link: https://www.econbiz.de/10011559207
in Nigeria. We intend to know what policy instruments need to be manipulated so as to achieve economic growth and …
Persistent link: https://www.econbiz.de/10011988704
economic growth in Nigeria over the period 1981 to 2017. The study used the autoregressive distributed lag (ARDL) model to …
Persistent link: https://www.econbiz.de/10012036701
Purpose: Nigeria is currently in recession, a situation described as induced by decreases in oil output and export … import both in the short and long run, implying that Nigeria imports more than it earns. Exchange rate and terms of trade are …
Persistent link: https://www.econbiz.de/10011932802