: This paper addresses the question of macroeconomic integration in the Asia-Pacific region. Economically, the analysis is based on the notions of stochastic long-run convergence and business cycle coherence. The econometric procedure consists of tests for cointegration, the examination of...

: Using the annual data for the period from 1980-81 to 2005-06, this paper attempts to test the nexus between total government expenditure and total government revenue in the case of Andhra Pradesh, within the empirical framework of causality and cointegration. The paper establishes the long-run...

: By using information for a vast number of countries, concerning inward Foreign Direct Investment (FDI) performance and perceived level of corruption, the paper analyzes how transparency, as a reverse measure of corruption, influences FDI. This is done by a fuzzy logic approach in order to...

: This paper investigates the direction of causality between exchange rate and trade (exports and imports) for a developing country like Pakistan, utilizing the monthly time series data covering the period 1995-2006. Cointegration and causality tests were conducted to assess the link between...

: Finance is one of the effective tools in spreading economic opportunities. Wider access to adequate and timely finance helps both the producers as well as consumers in raising their welfare status. The increasing gap between demand and supply of financial services has led to the exclusion of...

: This paper constructs the Monetary Conditions Index (MCI) over the quarterly period 1983:2-2004:4, using the bounds test approach proposed by Pesaran et al. (2001). The bounds test evidently reveals long-run relationship between the real GDP and its determinants, i.e., long-term interest rate,...

: This paper examines the bid-ask spread of underlying stocks around the introduction of Single Stock Futures (SSF) in the National Stock Exchange (NSE), in order to ascertain whether SSF trading has any liquidity effect on the underlying stocks. Using both high frequency and daily data from...

: The paper attempts to show that adherence to fiscal policy rules not only makes the state government move towards long-term fiscal sustainability, but also helps in reorienting its expenditure. It states that, in order to bring in balance between financial rectitude and welfare optimization it...

: Healthcare financing, like fiscal policies, have explicit distributional implications. It is often important for policy purposes to make explicit such distributional consequences. A number of decomposition frameworks have been developed in literature for analyzing redistributional impact of...

: The effect of real exchange rate on trade flow enables effective planning and management of exchange rate risk. This paper seeks to examine the impact of real exchange rate volatility, Real Gross Domestic Product (RGDP) and Bilateral Real Exchange Rates (BRER) on Thailand s exports to its two...