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We study the quantitative effects of interest rates on the business cycles of emerging markets. The real business cycle model featured in Neumeyer and Perri (Business cycles in emerging economies: The role of interest rates.ʺ Journal of Monetary Economics, March 2005, 52 (2), 345-380.) is...
Persistent link: https://www.econbiz.de/10009157808
Emerging countries, also known as developing markets are important drivers for domestic growth and global exchange. Emerging countries are investing more in productive capacities. This means that they strive to move away from their traditional economies like agriculture and export of raw...
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Aufbauend auf einem von Kaldor 1967 entwickelten Ansatz wird der Einfluss der Industrieproduktion auf das gesamtwirtschaftliche Wachstum untersucht. Eine Querschnittsregression mit Daten für 121 Länder bestätigt im Grundsatz Kaldors These, dass Wachstumsraten des Bruttoinlandsprodukts von...
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This paper explores and unpacks the nature of the processes shaping regional economic growth in Turkey using an … drivers of local and regional development in Turkey and how they can be used to develop a theoretically informed econometric … analysis in the context of an emerging market economy. Not only has this form of analysis not been undertaken in Turkey, but …
Persistent link: https://www.econbiz.de/10011521609
The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in three countries, the People's Republic of China (an emerging economy), Japan, and the United...
Persistent link: https://www.econbiz.de/10011374641
-enhancing reforms following Turkey's financial crisis in 2001, but then started moving in the opposite direction in the second half of … waning of the military's influence and the broadening of effective political participation. As Turkey-European Union … responsible for the lower-paced and lower-quality growth Turkey has been experiencing since about 2007 …
Persistent link: https://www.econbiz.de/10011491841