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Increasing integration of the Asian Tigers with the world economy through trade has exposed their income and trade to greater uncertainty and volatility. This paper models uncertainty in trade and income and re-examines the stability of the trade-growth nexus for Japan and the Asian Tigers in a...
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This paper uses both linear and nonlinear causality tests to examine the causal relationships between changes in commodity prices and U.S. inflation. Prior to the Great Moderation, there is evidence that changes in commodity price indices linearly lead inflation. The stability of the causal...
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This paper examines factors affecting calorie gap by accounting for the risk of calorie inadequacy or excess occurring at the tails of nutrient and food intakes. Non-linear estimations are conducted to further account for rural-urban differences in more and less developed states. Eliminating...
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