A financial liberalization index (FLI) for Nepal is constructed in order to show the degree or the level of financial liberalization at a particular time. FLI is calculated on the basis of principal components method following Demetriades and Luintel (1997), Bandiera, Caprio et al. (2000),...

In this article, we have sought to establish whether monetary aggregates have useful information for forecasting inflation, other than that provided by inflation itself. We have approached the problem in two ways. First, we conducted forecasting experiments, using Mean Absolute Percentage Errors...

The current paper sought to (i) identify the determinants of the choice of health care providers in Cameroon, (ii) determine the compensation to the poor to get them away from traditional/self healing, and (iii) propose alternative health care policies compatible with concerns for poverty...

This study analyzes the sources of growth in Egypt starting from the end of 1973 war until 2002. The study uses a new estimate for capital stock to estimate a skill-augmented aggregate production function for Egypt. Using growth accounting technique, the study decomposes growth into factor...

The purpose of this paper is to examine the relationships between openness, globalization on economic growth in Côte d’Ivoire which adopted the openness of its economy as the basic way for development at the beginning of its economic history in 1960. Using a three-variable vector...

We compare several econometric models of Western Europe, Central Europe, the United States, Canada and Mexico in order to analyze the impact of foreign trade and industry on development Regarding the positive effects of foreign trade it is important to notice that they are more due to the...

While each tier of education has at various times been the concurrent (joint) responsibility of both Federal and state governments, the former has historically been much more involved at the post secondary level. The shares of Federal Government recurrent and capital expenditures by level of...

We analyze the specification selection of econometric models with dynamic components for explaining economic growth of one or more variables: models in levels, models in first differences and several kinds of mixed models, including the simple mixed dynamic model and the EC Model. We have into...

The Japanese monetary authority intervenes into the foreign exchange market on and off. The influence of the operations on the fluctuation of the yen exchange rate to U.S. dollar is examined in the period of September 17 through 28, 2001. A cyclic behavior is found in correlation functions of...