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This paper is to examine the stock markets role in the capital formation in Pakistan from the period 1st January 2001 to 31st December 2008. This analytical study is based on the data collected from the secondary sources such as State Bank of Pakistan and three stock exchanges; Karachi, Lahore...
Persistent link: https://www.econbiz.de/10011938288
The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The New Keynesian Phillips Curve (NKPC) has recently set up...
Persistent link: https://www.econbiz.de/10011310240
The monetary transmission mechanisms have influence on saving and investment decisions of firms and households by … premium and thus the effect of the increase in the external finance premium which diminishes output for Turkey over the period …
Persistent link: https://www.econbiz.de/10011310246
Southeastern regions of Turkey, which later had serious economic/political repercussions on the MENA region and most of Europe … natives in Turkey. Using a difference-in-differences strategy, we find that immigration has considerably affected the …
Persistent link: https://www.econbiz.de/10011986224
Die Untersuchung leistet einen Beitrag zur metaphorologischen Analyse des Neuen Autoritarismus. Ausgangspunkt ist die Annahme, dass Autokratisierungsprozesse unter der Schwelle rationaler Bewegungsmomente durch die Erneuerung politischer Verkörperungsmythen gekennzeichnet sind. Am Beispiel der...
Persistent link: https://www.econbiz.de/10014501334
Purpose: The electricity demand in Turkey has been increasing for a while. Hydropower is one of the major electricity … generation types to compensate this electricity demand in Turkey. Private investors (domestic and foreign) in the hydropower … electricity generation sector have been looking for the most appropriate and satisfactory new private hydropower investment (PHPI …
Persistent link: https://www.econbiz.de/10011939284
formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …
Persistent link: https://www.econbiz.de/10011551998
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10010312014
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