Empirical Tests of the Marshall-Lerner Condition: A Literature Review
AbstractPurpose - The purpose of this paper is twofold: first, it summarizes previous empirical studies of an important economic proposition. The "Marshall-Lerner condition" states that a devaluation...
View ArticleFinancial Sector Consolidation and Competition in Malaysia: An Application of...
AbstractPurpose - The purpose of the present study is to investigate the effect of consolidation on Malaysian banking sector’s market structure and competition.Design/methodology/approach - The paper...
View ArticleTrade performances and technology in the enlarged European Union
AbstractPurpose - We analyse the role of the enlargement process of the European Union as a factor fostering international competitiveness of EU Member States. We argue that the economic integration...
View ArticleEconomic policies, macroeconomic environment and entrepreneurs’ expectations:...
AbstractPurpose - The paper analyzes the influence of macroeconomic variables and economic policies on expectations and confidence of entrepreneurs. It provides an econometric analysis of the...
View ArticleEconomic Uncertainty and Money Demand Stability in Turkey
AbstractPurpose - The monetary authorities of emerging market economies tend to emphasize the studies that find instabilities in the money demand functions and use them as the main pretext for...
View ArticleThe effect of Labour Earnings on Post Retirement Income
AbstractPurpose - The purpose of this paper is to investigate how changes in the distribution of pre retirement labour earnings affect post-retirement income in the UK. Design/methodology/approach - We...
View ArticleA conditionally heteroskedastic global inflation model
AbstractPurpose– The purpose of this paper is to propose and test empirically an inflation model containing permanent and transitory heteroskedastic components for the G7 countries. More specifically,...
View ArticleAn evaluation of Malaysian capital controls
AbstractPurpose– This research has been carried out to look into the long run impact of the controls on capital inflows imposed during the years 1998-2001 in Malaysia. The paper intends to capture the...
View ArticleStrong hysteresis in Brazilian imports: a panel cointegration approach
AbstractPurpose– The purpose of this paper is to investigate the hysteresis hypothesis for the price and quantity of Brazilian imports in recent years. Design/methodology/approach– The empirical...
View ArticleDeterminants of foreign direct investment in OECD member countries
AbstractPurpose– The aim of this paper is to get an insight into the potential determinants of foreign direct investment (FDI) for a panel of ten OECD member countries over the period of 1985-2009....
View ArticleCorporate financing activities, fundamentals to price ratios and the cross...
AbstractPurpose– The purpose of the paper is to investigate the relation between the value/growth anomaly and the external financing anomaly by considering an expanded value/growth indicator: free cash...
View ArticleCredibility and the credit channel transmission of monetary policy...
AbstractPurpose– The purpose of this paper is to present a theoretical model and empirically verifies the transmission of monetary policy through the credit channel in Brazil. The study verifies if the...
View ArticleReal estate market factors and foreign real estate investment
AbstractPurpose– The purpose of this paper is to examine the effects of real estate market factors on foreign real estate investment (FREI). Design/methodology/approach– Applying panel data technique,...
View ArticleKaldor-Verdoorn's Law and increasing returns to scale: a comparison across...
AbstractPurpose - The objective of this study is to investigate the validity of the Kaldor-Verdoorn’s Law in explaining the long run determinants of the labor productivity growth for the manufacturing...
View ArticleInnovation in Centralized Organizations: Examining Evidence from Soviet Russia
AbstractPurpose - This study examines the economic factors that determine innovation pattern in centralized and decentralized economies and organizations.Design/methodology/approach - Empirical...
View ArticleThe relationship between the shares of Nutrient consumed across selected food...
AbstractPurpose - The objective of this study is in two folds. First, to take a critical look at nutrient consumed and its trends and secondly, to examine the relationship between share of nutrient...
View ArticleAre U.S. State and Local Governments Consumption Smoothers?
AbstractPurpose - This paper seeks to reconcile conflicting findings in the literature regarding the extent of consumption smoothing of sub-federal governments. Design/methodology/approach - This paper...
View ArticleInflation and Inflation-Uncertainty in India: The Policy Implications of the...
AbstractPurpose - Inflation and its related uncertainty can impose costs on real economic output in any economy. This paper analyzes the relationship between inflation and inflation uncertainty in...
View ArticleDoes the Formation of RTA Support the Neoclassical Growth Theory and...
AbstractPurpose - We considered three Regional Trading Agreements (RTAs): European Union (EU-25), ASEAN Free Trade Area (AFTA), and South Asian Free Trade Area (SAFTA) to test the hypothesis that poor...
View ArticlePublic infrastructure investment and fiscal sustainability in Latin America:...
AbstractPurpose - This paper aim to understand the relationship in developing countries between fiscal consolidation and public investment - a flexible part of the budget that is easier to cut during...
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