Gross domestic product (GDP) serves as a vital indicator of a country's economic health, influenced by factors such as unemployment rates, export-import dynamics, and inflation rates. Understanding the intricate relationship between GDP and unemployment is crucial for navigating the dynamic...

This paper shows how growth regressions can be useful for analyzing a country's growth performance. Growth regressions describe changes in key macroeconomic variables that countries typically experience during their growth process. Such partial correlations facilitate comparative analysis, can...

It has repeatedly been claimed that institutions play an important, and decisive role in economic development. Many studies have analyzed the effect of formal institution on financial development while informal institutions have received less attention. With this paper, we contribute to the...

This study investigates the effect of Nigeria's population on four selected banking transaction channels. The Nigerian projected population (2022-2027) was used as an input variable for forecasting future volumes of transactions for each channel. The results show that the Support Vector...

The availability of many variables with predictive power makes their selection in a regression context difficult. This study considers robust and understandable low-dimensional estimators as building blocks to improve overall predictive power by optimally combining these building blocks. Our new...