Showing 1 - 10 of 51
macroeconomic fundamentals using data from Azerbaijan. The empirical analysis applies ARDL Cointegration methodology in conjunction … with Granger causality tests to provide evidence for both the long and short run dynamics between the variables involved in … the analysis. Using the Error Correction specification, there was found evidence of long-run causality running from …
Persistent link: https://www.econbiz.de/10009958071
This paper tries to briefly analyze the characteristics of fiscal policy in the context of the actual crisis. We start from the ongoing discussion regarding the role of fiscal policy during the economic and financial crisis. We then focus on the case of CEE countries and on Romanian economy and...
Persistent link: https://www.econbiz.de/10010079768
estimates are done by employing several aspects of the time series econometric literature including unit roots, co-integration …
Persistent link: https://www.econbiz.de/10010079769
The purpose of budget rules can be explored from the perspective of the expected results, obtained by their enforcement. On one hand, they are meant to improve or at least maintain certain levels of the budgetary deficit and public debt. On the other hand, they can help or limit the economic...
Persistent link: https://www.econbiz.de/10010081771
In the context of the increasing budget deficit and public debt, on one hand, and the need to restore economic growth without compromising financial stability and fiscal sustainability on long term, on the other hand, governments must undertake severe measures concentrated especially on...
Persistent link: https://www.econbiz.de/10010081776
Die deutsche Wirtschaft wird bis zum Jahr 2017 deutlich stärker wachsen als in den vergangenen fünf Jahren. Dabei wird die Dynamik immer mehr durch die Binnenwirtschaft getragen, und der Aufbau der Beschäftigung setzt sich fort. Die öffentlichen Haushalte werden in der mittleren Frist mit...
Persistent link: https://www.econbiz.de/10010118707
trade deficits ; sustainability ; twin deficits hypothesis ; cointegration ; Greek economy (1960-2007) …
Persistent link: https://www.econbiz.de/10009958045
Chaos theory reveals structure in aperiodic, dynamic systems. The number of nonlinear business cycle models use chaos theory to explain complex motion of the economy. The basic aim of this paper is to provide a relatively simple chaotic economic growth model that is capable of generating stable...
Persistent link: https://www.econbiz.de/10010148057
Previous empirical research has shown that Mexico's Oportunidades program has succeeded in increasing schooling and improving health of disadvantaged children. This paper studies the program's potential longer-term consequences for the poverty and inequality of these children. It adapts methods...
Persistent link: https://www.econbiz.de/10009959124
poverty and other variables are identified by ECM model and Johnson Cointegration test respectively. The results show that …
Persistent link: https://www.econbiz.de/10010079766