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Purpose – The purpose of this paper is to examine movements of the Singapore dollar exchange rate against the US dollar. Design/methodology/approach – An extended open macroeconomic model with the IS, LM, and AS functions and comparative static analysis are employed and applied. The...
Persistent link: https://www.econbiz.de/10014768738
This paper examines the determinants of the South African rand/US dollar (ZAR/USD) exchange rate based on demand and supply analysis. Applying the EGARCH method, the paper finds that the ZAR/USD exchange rate is positively associated with the South African government bond yield, US real GDP, the...
Persistent link: https://www.econbiz.de/10011559203
This paper applies demand and supply analysis to examine the government bond yield in Spain. The sample ranges from 1999.Q1 to 2014.Q2. The EGARCH model is employed in empirical work. The Spanish government bond yield is positively associated with the government debt/GDP ratio, the short-term...
Persistent link: https://www.econbiz.de/10011708986
The focus of this paper is to examine potential impacts of fiscal and monetary policies on stock market performance in Poland. Applying the GARCH model and based on a sample during 1999.Q2 to 2012.Q4, this paper finds that Poland's stock market index is not affected by the ratio of government...
Persistent link: https://www.econbiz.de/10010369336
The US 1996 Welfare Reform Act creating the Temporary Assistance for Needy Families (TANF) and replacing the Aid to Families with Dependent Children (AFDC) and the Job Opportunities and Basic Skills Training (JOBS) is discussed and reviewed. Based on the latest data for 35 states, the regression...
Persistent link: https://www.econbiz.de/10014805035
The paper analyzes selected social indicators to determine whether people in Taiwan have become better or worse off during the process of economic growth. The authors find that residents in Taiwan experienced better education, more political freedom, better health care, better nutrition, more...
Persistent link: https://www.econbiz.de/10014805081
Based on the GARCH model, the divorce rate in Taiwan is found to be negatively affected by the fertility rate and male earnings and positively influenced by the male unemployment rate, female earnings, female education, and institutional changes providing married women more protection in child...
Persistent link: https://www.econbiz.de/10014805128
The dramatic decline in the number of welfare recipients in the USA is examined. The unique features of this article include the use of time series data, the consideration of different welfare benefits and socioeconomic variables, and the application of the generalized autoregressive conditional...
Persistent link: https://www.econbiz.de/10014805244