Showing 1 - 10 of 5,508
has dominated policy-making framework in the world. This study sets out to examine the inclusiveness of growth in Nigeria … and the role of macroeconomic stability to spur inclusive growth and development in Nigeria using the data for the period … and Human Development Index formula. Econometric approaches of Johansen Cointegration testing and Vector Error Correction …
Persistent link: https://www.econbiz.de/10012865234
countries is examined applying a fractional cointegration method which tests for the possible existence of a long …
Persistent link: https://www.econbiz.de/10012219127
Persistent link: https://www.econbiz.de/10011926770
This paper examines whether economic policy uncertainty (EPU) causes real housing returns in 8 emerging economies for which EPU data are available namely: Brazil, Chile, China, India, Ireland, Russia, South Africa and South Korea. Quarterly data were used for the analysis. The study uses...
Persistent link: https://www.econbiz.de/10011905243
The paper investigates causal relationships between systemic risk, economic policy uncertainty and firm bankruptcies, conditional on global volatility proxied by the VIX index, in a sample of 15 advanced and major emerging market economies during January 2008-June 2018. We test for Granger...
Persistent link: https://www.econbiz.de/10012846182
Following the 2007-2009 global recession, economic policy uncertainty and its effect on economic recovery has become an issue of interest in academic, media as well as policy-making circles (Baker et al., 2013). Given this backdrop, we investigate causality between economic policy uncertainty in...
Persistent link: https://www.econbiz.de/10013029078
innovation in the case of China, using the autoregressive distributed lag (ARDL) approach to co-integration approach of …
Persistent link: https://www.econbiz.de/10012023238
This paper explores macroeconomic policies that can sustain structural change in China and India. A two-sector open-economy model with endogenous productivity growth, demand driven output and income distribution as an important determinant of economic activity is calibrated to a 2000 SAM for...
Persistent link: https://www.econbiz.de/10008937618
We propose a theoretical framework to reconcile episodes of V-shaped and L-shaped recovery, en- compassing the behaviour of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks destroy productive capacity, moving GDP to a lower...
Persistent link: https://www.econbiz.de/10012627907
This paper studies the optimal long-run public intervention in a two-period OLG model where the probability of surviving the first period and the length of the second period can be influenced by distinct policies. While the optimal size of public intervention depends on the extra-productivity of...
Persistent link: https://www.econbiz.de/10013317486