Showing 1 - 10 of 1,067
This paper examines asymmetries in the J-curve effects of real exchange rate on Kenya's trade balance by using panel … Group (PMG) estimation technique, under both the linear and nonlinear ARDL frameworks, is applied. This paper departs from … analyses, and by incorporating nonlinearities. The findings of the PMG estimation based on the assumption of symmetric exchange …
Persistent link: https://www.econbiz.de/10014547742
African countries have over the years experienced persistent current account deficits. The role of asymmetries in explaining the response of trade balance to exchange rate movement has not received adequate attention as linear models dominate extant empirical literature. In this paper, we...
Persistent link: https://www.econbiz.de/10013470700
continuous time theory. In explanatory financial variability modelling this raises several methodological and practical issues …
Persistent link: https://www.econbiz.de/10010332964
This study aims to investigate the cost efficiency of Turkish commercial banks over the restructuring period of the Turkish banking system, which coincides with the 2008 financial global crisis and the 2010 European sovereign debt crisis. To this end, within the stochastic frontier framework, we...
Persistent link: https://www.econbiz.de/10012217549
This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in Spain during the last two decades. The aim of this paper is to shed light on the impact of the European economic integration on Spanish labour market and the convergence to a...
Persistent link: https://www.econbiz.de/10010298624
This paper tests the Purchasing Power Parity Theory of Exchange Rates dealing with Argentinean data for the period 1900 … theory is not verified in Argentina, since its RER appears as a non-stationary variable, and there is no evidence of …
Persistent link: https://www.econbiz.de/10010289485
In this paper, we discussed the Statistical modeling of the original data series and the residuals series. Residual series has been use for the forecasting the shock occurring in the economic data series. Objective and Subjective technique has been used for the modeling.
Persistent link: https://www.econbiz.de/10011938290
Persistent link: https://www.econbiz.de/10011467585
Persistent link: https://www.econbiz.de/10011467645
Zinsdifferenzen allenfalls einen kurzfristigen Einfluss auf den Wechselkurs. Langfristig ist das Preisniveau entscheidend, so dass der …
Persistent link: https://www.econbiz.de/10010377557