Gold is a universal commodity traded across the world. The London Bullion Market Association (LBMA) fixes prices twice a day, known as AM and PM fix prices. This study is an attempt to find out whether the volume of gold consumption shows any significant impact on the world gold prices, known as...

Tourism is a sector of the economy that is significantly affected by fluctuations in economic and political activity and the influence of external factors. Political tensions with Russia and the Crimean issue have affected tourism revenues as well as Ukraine's economic growth. Therefore, the...

We exploit the information in the successive vintages of gross domestic expenditure (GDE) and gross domestic income (GDI) from the current comprehensive revision to obtain an improved, timely measure of U.S. aggregate output by exploiting cointegration between the different measures and taking...

The relationship between exchange rate and money demand has long been debated among macroeconomists due to its impact on the stability of money demand and monetary policy. Following the significant depreciation in the currency exchange associated with the political instability in Malaysia in...

This paper empirically investigates the causal relationship between energy prices and economic performance in South Africa by employing the auto-regressive distributed lag (ARDL) bounds test technique for the period 1994 to 2019. The empirical evidence that was reviewed used a different...