Showing 81 - 90 of 133,341
Persistent link: https://www.econbiz.de/10015054105
(ECM). The macroeconomic conditions and variables used in this study are gross domestic product (GDP), inflation, interest … rates, and exchange rates. This study employed the time-series data from 2000-2019. The ECM method was conducted in the … following stages: stationarity test, cointegration test, and ECM regression test. The ECM model is declared valid, if the …
Persistent link: https://www.econbiz.de/10015047674
variables included in the model. The error correction model (ECM) was also applied which basically provides information about … effect on economic growth. An error correction model (ECM) is applied and the error correction term was negative and …
Persistent link: https://www.econbiz.de/10014694484
This paper examines the causal relationships between human capital (Education, and Health) and Economic growth for the USA using time series approach for the period 1929-1997. We find cointegration between the variables under study. The EC-VAR investigations show bi-directional causality between...
Persistent link: https://www.econbiz.de/10005607522
This paper examines the dynamic causal relationships between foreign direct investment (FDI), trade and economic growth in India by applying the bounds testing (ARDL) approach to cointegration for the period from 1970 to 2012. The bounds tests suggest that the variables of interest are bound...
Persistent link: https://www.econbiz.de/10011108844
Persistent link: https://www.econbiz.de/10013414843
The degree of international risk sharing matters for how monetary policy should optimally be conducted in an open economy. This is because risk sharing affects the way in which monetary policy is affected by terms of trade considerations. In a standard two-country model with monopolistic...
Persistent link: https://www.econbiz.de/10010322433
The determinants of venture capital investment have attracted a significant amount of attention from both academics and policymakers. We use a version of the Keuschnigg-Nielsen model for venture-capital financed projects to condition our analysis on a reasonable set of exogenous variables but we...
Persistent link: https://www.econbiz.de/10011435308
This paper reviews the factors that will determine the shape of financial markets under EMU. It argues that financial markets will not be unified by the introduction of the euro. National central banks have a vested interest in preserving local idiosyncracies (e.g. the Wechsels in Germany) and...
Persistent link: https://www.econbiz.de/10010317389
We investigate whether idiosyncratic interbank funding shocks affecting a bank headquarters can trigger a liquidity hoarding reaction by their regional branches. Shock-affected branches of Brazilian banks increase liquid assets and cut lending in the shocks' aftermath compared to non-affected...
Persistent link: https://www.econbiz.de/10012518411