The capital structure of a company consists of a particular combination of debt and equity issues to relieve potential pressures on its long-term financing. To examine such issues, many theories have been developed in the literature and they generally focus upon what determinants are likely to...

This study investigates the dynamic relationship between coal consumption, economic growth, trade openness and CO2 emissions for Indian economy. In doing so, Narayan and Pop structural break unit test is applied to test the order of integration of the variables. Long run relationship between the...

The study analyzes the dynamic interlinkage between India’s real effective exchange rate and real current account deficit using standard VAR and structural VAR (SVAR). The empirical analysis suggests that a real currency appreciation leads to an improvement in the current account deficit,...

This study examines the linkages among economic growth, energy consumption, financial development, trade openness and CO2 emissions over the period of 1975Q1–2011Q4 in case of Indonesia. The stationary analysis is performed by using Zivot–Andrews unit root test and the ARDL bounds testing...

The study attempts to analyze the static and dynamic causality between producers’ prices measured by wholesale price index (WPI) and consumers’ prices measured by consumers’ price index (CPI) in case of India. In doing so, we have applied the autoregressive distributed lag...

The stimulus packages announced to deal with the economic slowdown has increased the fiscal deficit of many countries and it spurred the debate on the possible effect of these fiscal shocks on other economic variable especially the current account. In this study, we examine the effect of fiscal...

Our article tests for hysteresis of unemployment rate for 17 Eurozone countries over the period 2000:1 to 2013:1 through the use of new nonlinear panel unit root tests by adopting the sequential panel selection method (SPSM), proposed by Chortareas and Kapetanios (2009) and a nonlinear panel...

We investigated Granger-causality between variants of the energy consumption sources and Gross Domestic Product (GDP) for the United State of America (USA). To accomplish this objective we utilized a recent approach of asymmetric Granger-causality developed by Hatemi-J for the period January...

We may find numerous works in the existing literature regarding the cohesion between oil prices and exchange rates, yet an exact shape of the relationship remains undefined. By restoring to wavelet analysis and using a rich database from Japan, this study contributes to the literature by...