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This study provides a detailed investigation of the time-frequency and frequency-domain analysis of the interconnectedness of country-level macroeconomic variables. Hence, the wavelet techniques-vector wavelet and wavelet multiple-employed with TVP-VAR are utilised as a robustness check. The...
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This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
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The end of communism and accession to the European Union have had a huge impact on Poland. This book provides an overall assessment of the post-1989 transformation in Poland, covering economic transformation, the heritage of the past and national identity, and regional and political developments...
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growth. Despite some recorded positive domestic economic performances, Indonesia faces new challenges as its economy keeps … growing and the global economy remains uncertain. A new economic development paradigm is needed to overcome old problems … readers in exploring economic policies under the globalized world economy. This book is very useful for both practitioners and …
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