This paper investigates the effect of the exchange rate on prices through wavelet analysis for the period 2010:01-2019:12 in Turkey. The Wavelet Transform outcomes reveal that at a higher frequency, an upsurge in the Consumer Price Index (CPI) is associated with an increase in the exchange rate,...

The impact of accelerated advancements in artificial intelligence (AI) on economic development remains a topic of debate in the current era. It is thought by some that AI has the potential to stimulate economic development; however, the precise function of AI remains uncertain. In order to...

Ensuring access to and usage of formal financial services through digital devices can be referred to as "digital financial inclusion" (DFI). In recent years, there has been a growing trend in the use of financial services, including money transfers through mobile phones. This study applies...

The effects of discontinuing harmful fishery subsidies in Spain were analysed using a social accounting matrix. The study found that the removal of these subsidies would have negative consequences for the economy. Specifically, there would be a significant decline in the production value of...

The structure of demand plays a fundamental role in shaping economic equilibrium. In computable general equilibrium analysis, comparative statics allow us to simulate how policies or external adjustments impact the equilibrium state. The results of these simulations are significantly influenced...

Nowadays the efforts of not only companies, but also governments in different countries are aimed at the development of 5G technologies. On the one hand, the introduction of 5G is an expensive process that requires investments in the development, deployment and maintenance of infrastructure, the...

Monetary targeting served as a useful tool for conducting monetary policy until 1980s, but the instability in the relationship between money and nominal income led to its abandonment by most economies. One way of measuring this relationship is money velocity, defined as the ratio of nominal...

This study examines the relative impacts of transport and information and communications technology (ICT) components of trade-related infrastructure on bilateral trade flows between Nigeria and its major trading partners. An augmented standard gravity model that featured variables for the...

Contradictory to conventional economic theory, which foresees any increase in the size of government as inflationary, this article provides evidence that the reaction of price levels to changes in the size of government is nonlinear. The price levels do not necessarily increase in response to a...

We introduce a novel static indicator of economy-wide resilience that assesses an economy’s ability to adapt and recover from negative shocks originating from either the demand or supply side. This metric is counterfactual and, through simulation, reveals the extent of adjustments required to...