This article examines the impact of government spending, as well as current and capital expenditures, on economic growth. Current and capital expenditures have distinct roles in shaping a countries' economic trajectory. For one hand, current expenditures are essential for maintaining short-term...

Sustainable economic growth is possible not only with physical investments but also with strong human capital that enables the training of qualified, productive, and innovative individuals. The relationship between the number of university students (doctorate, master's, and undergraduate) in...

Using high-frequency macro data from a financially deregulated regime, this paper examines whether there is any evidence of financial crowding out in India. The macroeconomic channel through which financial crowding out occurs is the link between the fiscal deficit and the interest rate...

This study assessed the connectedness between oil shocks and industry stock indexes in the United States (US). We consider the normal and extreme conditions across different frequency horizons, and the quantile time-frequency connectedness method is used to determine the tail risk contagion...