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Emerging countries, also known as developing markets are important drivers for domestic growth and global exchange. Emerging countries are investing more in productive capacities. This means that they strive to move away from their traditional economies like agriculture and export of raw...
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Since 2000, Zimbabwe's government, as well as other international aid organizations, have repeatedly blamed the country's sharp economic downturn on persistent and severe droughts. Indeed, past research has shown strong links between rainfall and maize yields in sub-Saharan Africa, suggesting...
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law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …
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unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …
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