Showing 1 - 10 of 10,864
-Yamamoto causality test and the nonlinear autoregressive distributed lag (NARDL) modeling framework to analyze the data. Our results show … stationary. Using the Toda-Yamamoto causality test, we find no causality running from financial development to economic growth …, but there is evidence of reverse causality from economic growth to financial development. Furthermore, the NARDL model …
Persistent link: https://www.econbiz.de/10014503034
Persistent link: https://www.econbiz.de/10012695353
Persistent link: https://www.econbiz.de/10012543537
Persistent link: https://www.econbiz.de/10012596750
Persistent link: https://www.econbiz.de/10012151237
Persistent link: https://www.econbiz.de/10012036937
Persistent link: https://www.econbiz.de/10014375315
This paper examines the role of central bank digital currency (CBDC) for poverty reduction and sustainable development. In the paper, I argue that a CBDC can eliminate poverty by increasing financial inclusion which gives poor people access to affordable credit and other basic financial services...
Persistent link: https://www.econbiz.de/10014258503
Persistent link: https://www.econbiz.de/10015062255
Persistent link: https://www.econbiz.de/10013187378