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Based on a linear framework, this paper aims to examine the relationship between future spot rates and forward exchange rates using USD-TND data, thanks to traditional regressions and to the Vector Error Correction Model (VECM) in order to check if the Unbiasedness Forward Exchange Rate (UFER)...
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hypotheses in the case of Tunisia by using annual time series data for the period 1960-2008. Autoregressive Distributed Lag (ARDL …, both export-led growth and import-led growth are valid for Tunisia. On the other hand, there is bidirectional association … imports with respect to exports is 0.86. Thus, foreign debt is weakly sustainable in the case of Tunisia. The empirical …
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neutrality hypothesis between energy consumption and sectoral output growth in Tunisia. Results from short–run dynamics indicate …
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The purpose of this paper is to examine the various structural determinants of revenue and tax effort in Tunisia. We …-structural determinants covering the period of 1996-2017 in Tunisia. The empirical results show that before 2010, Tunisia fully exploited its … burden, Tunisia is below potential. The results showed that Tunisia is facing dramatic difficulties in mobilizing more tax …
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