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Poverty is a universal reality, and no one can deny the omnipresence of it all over the world. It is considered as the most harmful economic and social problem of human beings since their creation. It affects individuals as well as society as a whole in a very destructive way, and it is...
Persistent link: https://www.econbiz.de/10012296062
Standard theory of consumer behavior stands on the maxim of utility maximization. Optimizing behavior of consumer is achieved by maximization of utility subject to budget constraint. An increase in inflation that is not accompanied by proportionate increase in income can leave a consumer worse...
Persistent link: https://www.econbiz.de/10013464675
This study examines the interlinkages between financial literacy, economic freedom, government quality, and financial inclusion using cross-sectional and panel data analysis. Using a sample of 98 countries from the year 2007 to 2018, OLS and system GMM estimators were used to analyze the...
Persistent link: https://www.econbiz.de/10012800131
We examine the effect of macroeconomic stability, transparent government policies, and anti-monopoly policies on financial market development using extensive panel data of 113 countries over the period 2007 to 2017. By applying ARDL-PMG and controlling for GDP, trade openness, and market size,...
Persistent link: https://www.econbiz.de/10013174097
Electrical sustainability is a foundation for urbanization and industrialization. Over the past three decades, Pakistan has been convulsed by electricity shortages that at times have reached over 10-15% of total demand; Therefore, we initiated an effort to explore and understand recurrent energy...
Persistent link: https://www.econbiz.de/10013197363