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The impact of fiscal deficit on inflation in Namibia

Eita, Joel Hinaunye; Manuel, Victoria; Naimhwaka, Erwin; … - In: Journal of central banking theory and practice 10 (2021) 1, pp. 141-164

This paper examined the impact of fiscal deficit on inflation in Namibia. The paper employed Autoregressive Distributed Lag Model (ARDL) and Granger causality approach using quarterly data for the period 2002 - 2017. Empirical results showed evidence of a long run positive effect of fiscal...

Persistent link: https://www.econbiz.de/10012549066

A comprehensive statistical analysis of the six major crypto-currencies from August 2015 through June 2020

Mendes, Beatriz Vaz de Melo; Fluminense Carneiro, André - In: Journal of risk and financial management : JRFM 13 (2020) 9/192, pp. 1-21

After more than a decade of existence, crypto-currencies may now be considered an important class of assets presenting some unique appealing characteristics but also sharing some features with real financial assets. This paper provides a comprehensive statistical analysis of the six most...

Persistent link: https://www.econbiz.de/10012386865

Optimization strategy for the modeling and estimation of interactive effects

Hu, Xiaohui - In: Prague economic papers : a bimonthly journal of … 33 (2024) 3, pp. 261-276

Modeling policy effects in the context of high-dimensional data requires a balanced consideration of omitted interaction bias and overfitting problems. This paper investigates the role of machine learning algorithms in stabilizing estimates and demonstrates the possible regularization bias...

Persistent link: https://www.econbiz.de/10015054100

Long-term relationship of KGHM share prices and the market value of high grade copper

Zbyrowski, Rafał - In: Journal of banking and financial economics 20 (2023), pp. 51-62

cointegration analysis. Based on the estimated models, the thesis of the existence of a long-run relationship between the studied …

Persistent link: https://www.econbiz.de/10014515556

Macroeconomic determinants of corporate failures : evidence from Romania and Spain

Anghel, Ion; Enache, Calcedonia; Merino de Lucas, Fernando - In: Journal of business economics and management 21 (2020) 3, pp. 743-759

The purpose of this study is to investigate the reaction of the insolvency rate to the various shocks in the economies of Romania and Spain through a Structural Vector Autoregressive model. Departing from quarterly data for 2008-2016, it was found that the future values of the insolvency rate...

Persistent link: https://www.econbiz.de/10012270430

Foreign exchange and the capital market dynamics : new evidence from non-linear autoregressive distributed lag model

Omoregie, Osaretin Kayode; Olofin, Sodik Adejonwo; … - In: International journal of management, economics and … 9 (2020) 1, pp. 1-23

The purpose of this study was to investigate and analyze the relationship between foreign exchange and capital market dynamics in Nigeria from January 1999 to February 2018. The study deployed the Non-Linear-ARDL model to study the dynamics of exchange rate and the capital market in Nigeria. The...

Persistent link: https://www.econbiz.de/10012194765

The short- and long-run relationship between trade openness and economic growth in Uganda

Esaku, Stephen - In: Cogent economics & finance 9 (2021) 1, pp. 1-22

Using data covering the period from 1983 to 2019, we apply the autoregressive distributed lag (ARDL) bound testing approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade openness increases economic growth, but this empirical...

Persistent link: https://www.econbiz.de/10013184444

A parameterization of models for unit root processes : structure theory and hypothesis testing

Bauer, Dietmar; Matuschek, Lukas; Ribeiro, Patrick de Matos - In: Econometrics : open access journal 8 (2020) 4/42, pp. 1-54

and (co)integration orders. The detailed analysis of the topological properties of the parameterization - based on the …

Persistent link: https://www.econbiz.de/10012312162

Fully modified least squares estimation and inference for systems of cointegrating polynomial regressions

Wagner, Martin - 2023

We consider fully modified least squares estimation for systems of cointegrating polynomial regressions, i. e., systems of regressions that include deterministic variables, integrated processes and their powers as regressors. The errors are allowed to be correlated across equations, over time...

Persistent link: https://www.econbiz.de/10013479635

Empirical testing of purchasing power parity validity in selected European Union countries

Plošinjak, Jelko; Festić, Mejra - In: Naše gospodarstvo : NG 67 (2021) 4, pp. 13-32

exchange rate in a logarithm, while in the second phase, the cointegration of nominal exchange rate, domestic and foreign price … authors' knowledge, and taking into account Liu (1992), who states that it is more important to check the presence of co-integration … results suggest that all the real exchange rate time series are stationary, additionally, cointegration exists among all the …

Persistent link: https://www.econbiz.de/10012887177