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Macedonia-Serbia. Via variance decomposition and impulse response functions the extent of the interaction within Subsample 2 is …
Persistent link: https://www.econbiz.de/10011780296
The main aim of this research is to examine the effect that political elections have on stock prices on the Macedonian Stock Exchange Index MBI 10. Our paper strains to imply the existence of problems due to political uncertainties of the efficient market hypothesis. The methodology used for the...
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An abundance of natural resources is both an opportunity and a challenge for developing countries. Several resource-rich, low-income countries receive amounts of foreign aid that are similar to or larger than their actual or potential revenues from natural resources. In such countries, the...
Persistent link: https://www.econbiz.de/10012973033
Natural resources are being discovered in more countries, both rich and poor. Many of the new and aspiring resource exporters are low-income countries that are still receiving substantial levels of foreign aid. Resource discoveries open up enormous opportunities, but also expose producing...
Persistent link: https://www.econbiz.de/10012973047
This study explores the linkage among aid volatility, macroeconomic policies, and economic growth of Pakistan (1972-2015). We have empirically analyzed the impact of foreign aid volatility on economic growth conditional to the macroeconomic policy environment. For this purpose, we have...
Persistent link: https://www.econbiz.de/10013244233