Purpose: This paper aims to assess the effects of housing market shocks on real output in South Africa, by focusing on the real private consumption channel. Design/methodology/approach: It measures housing market shocks as non-monetary housing shocks, uses a data set covering the period...

A bulk of literature has identified the major economic drivers of Hong Kong's rapid and steady economic performance over the last three decades. Of the major economic drivers identified, the performance of the stock market has received less attention. This paper examines the causal links between...

This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a trivariate VECM, for the period 1971-2012. The paper obviates the variable omission bias, and the use of cross-sectional techniques that characterise most existing studies. The...

Purpose The purpose of this paper is to uncover the channels through which real exchange rate undervaluation influences the performance of the South African economy. Design/methodology/approach The author decomposes the South African economy into three sectors: agriculture, industry, and...

Purpose The purpose of this paper is to examine whether the purchasing power parity (PPP) holds for countries in the West African Monetary Zone (WAMZ). Design/methodology/approach The author uses time series and panel data techniques. Findings Overall, the evidence is inconclusive. The time...

Scholars have proposed that individualistic values resulting from globalization are associated with increasing behavioral and emotional problems among youth in modernizing cultures. This study examined specific individualistic and traditional values in the context of suicidal ideation and...

Purpose: The purpose of this paper is to examine the macroeconomic determinants of stock market development in South Africa during the period 1975–2015. Specifically, it examines the impact of banking sector development, economic growth, inflation rate, real interest rate and trade openness...

This paper analyses the macroeconomic drivers of stock market development in the Philippines during the period 2001Q4-2016Q4. In particular, the paper examines the impact of banking sector development, inflation rate, exchange rate, economic growth, trade openness and stock market liquidity on...