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complemented by better exchange rate management (resulting in lower exchange rate and inflation volatility) and more fiscal … conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper … reduction in growth volatility, of more than 50%, in the agricultural sector, and a gradual stabilization in services. On the …
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This paper investigates dynamic correlations of stock-bond returns for different stock indices and bond maturities. Evidence in the US shows that stock-bond relations are time-varying and display a negative trend. The stock-bond correlations are negatively correlated with implied volatilities in...
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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 … foreign aid volatility both negatively affect economic growth under the current macroeconomic policy framework of Pakistan …
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