Showing 1 - 10 of 197
The launch of the euro proved to be extraordinarily smooth - auguring well for its future. If the EU can build on this initial success, then citizens - from anywhere in the world - should come to recognise the euro as a robust 'store of value' for their savings. That should complete the...
Persistent link: https://www.econbiz.de/10010273296
During the past fifteen years, financial markets in Latin America have experienced a major transformation. This process and its effects on the nature of risks and policy challenges in Latin America were the focus of a May 2007 conference in Mexico City sponsored by the Representative Office for...
Persistent link: https://www.econbiz.de/10010281871
The presence of risk premium is an issue that weakens the rational expectation hypothesis. This paper investigates changing behavior of time varying risk premium for holding 10 year maturity bond using a bivariate VARMA-DBEKK-AGARCH-M model. The model allows for asymmetric risk premia, causality...
Persistent link: https://www.econbiz.de/10013200329
investigation of the economic structure of Pakistan. Our proposed approach to building SAMs is motivated by an information theoretic … distributional effects. Output multipliers in Pakistan, accounting for supply constraints, range from 1.1 to 1.4, and shocks to …
Persistent link: https://www.econbiz.de/10011551999
household-related services contribute in the economic growth of the country in the case of Pakistan over the period of 1960 … test to test the long-run relationship between the services sector and the economic growth of Pakistan. The tests reveal … that the services sector has a long-run relationship with the economic growth of Pakistan. Furthermore, the estimation of …
Persistent link: https://www.econbiz.de/10011552036
The purpose of this study is to investigate the association between market power and capital structure. This study will further provide a logical explanation towards the factors affecting capital structure. This study analysed 176 non-financial Pakistani companies listed on Karachi Stock...
Persistent link: https://www.econbiz.de/10011559153
Using bilateral data on remittance flows to Pakistan for 23 major host countries, this is the first study that examines …
Persistent link: https://www.econbiz.de/10011420123
Pakistan’s economy has been under considerable stresses and strains during the last year, and more especially so during … its last quarter. The author, a former Economic Adviser to the Pakistan Government, reviews past economic problems and …
Persistent link: https://www.econbiz.de/10011468697
The author discusses the present budget of Pakistan, particularly its effects on development. Although it compares …
Persistent link: https://www.econbiz.de/10011469287
More than two decades of economic planning in Pakistan have not succeeded at least in containing unemployment within …
Persistent link: https://www.econbiz.de/10011469394