Purpose – Several studies have provided empirical evidence that female labor force participation rate exhibits a U-shape during the process of economic development. The purpose of this paper is to explore the existence of U-shape relationship in the case of Pakistan and if it does exist, what...

Purpose – The purpose of this paper is to investigate how many rural women have access to finance. It also explores the additional constraint faced by them in accessing the credit. Design/methodology/approach – For the estimation purpose, multivariate logit regression is used, taking...

Purpose – The purpose of this paper is to investigate the causal links between, foreign direct investment (FDI), openness through trade, poverty, value added of agriculture sector as share of GDP, urban population and child labor by using annual data for Pakistan over the period 1970-2003....

Purpose – The purpose of this paper is to explore the extent and the effect of socio-economic and demographic factors that lead to the phenomenon of child labor in the fishing sector of Balochistan (province of Pakistan). Design/methodology/approach – In order to explore the objectives, the...

Some observers say the 1998–2006 housing boom led to the global financial crisis and the 2007–2009 recession. The causes of the housing boom however, are a matter of considerable debate. This study attempts to settle this debate by identifying the major contributing factors to the housing...

This paper provides an ordered probit approach that estimates the probability six months in the future of three distinct scenarios for prices: inflation, deflation, or price stability. The traditional way of forecasting inflation is to predict a single level and/or growth rate of the PCE...

In this paper we compare the size and the power of four cointegration tests in heterogeneous panel data, with both varying intercepts and slopes. These tests are (i) Kao (1999) Tests (both Dickey-Fuller (DF) and augmented Dickey-Fuller (ADF) types of cointegration tests in panel data), (ii)...

ABSTRACT This study re-examines the exchange rate-monetary fundamentals link with in a panel data framework. Pure time series and pooled time series-based tests fail to find empirical support for monetary exchange rate models (Sarantis (1994) and Groen (2000)). Using recently developed Panel...

This study provides evidence on human development-economic growth causality by employing a large macro panel dataset. We followed the UNDP's approach for human development. With the help of Hurlin (2004) fixed coefficient approach, we tested causality between human development and economic...