Somalia has been a stateless nation for over two decades, where government institutions have been destroyed and malfunctioned, including the central bank. Consequently, this ruled out the control and regulation of the money supply and exchange rate by the central bank. This study investigates...

This paper empirically examines the long-run pass through of the official exchange rates into trade balance in Nigeria by means of threshold cointegration and asymmetric error correction modeling. The study provides evidence for non-linear cointegration between our variables of interest. The...

This study examined the short-run and long-run effects of real exchange rate changes on the Nigeria's trade balance. The paper employed both linear and non-linear ARDL bounds testing approach to cointegration to test for the J-curve phenomenon in Nigeria using quarterly data spanning the period...

The broad purpose of trade liberalisation is to raise the rate of growth of countries on a sustainable basis, consistent with the achievement of other macroeconomic objectives. In this paper we consider whether trade liberalisation in seventeen countries of Latin America has improved the...

This research presents first empirical time series evidence of the asymmetric impact of exchange rate changes on Britain's trade balances with her 8 trading partners. Recent advances in time series and cointegration analysis have allowed for the estimation of the nonlinear effects of currency...

The literature of trade balance and exchange rate devaluation have enjoyed enormous reviews with different decays ranging from aggregation bias, specification bias to the exclusion of effects of structural breaks on bilateral trade flows. This motivates this study to investigate the J-curve...

The objectives of this paper are to study the impact of liberalisation on trade deficits and current accounts of developing countries. It is expected that trade liberalisation would promote economic growth from the supply side by leading to a more efficient use of resources, by encouraging...

We develop a monthly index of quot;badquot; news about China reported in the United States from January 1990 to December 2008. quot;Badquot; is defined as news touching on the following issues: human rights, Tibet, child labor, democracy, and repression. Using this bad news index, we document a...