This paper studies the effect of exchange rate pass-through on inflation in Tunisia over the period 2001-2009. The authors' objective is to track inflation regimes for the Tunisian economy and to forecast its determinants. Using a Markov-switching approach, the authors identified two main...

This paper studies the remittances' effect on economic growth. Using panel data techniques, the authors estimate several specifications to provide support of such relationship for MENA countries over the period 1980-2009. The findings provide new robust evidence on how remittances are used in...

In this paper, the authors analyze the relationship between banking concentration and financial stability for a sample of 173 developed and developing countries over the period 1980–2011. First, they empirically examined the direct effect of banking concentration on financial stability by...

This study answers the question: What are the results of assuming the nature of technological progress as Harrod-neutral in growth accounting for the Middle East and North African (MENA) countries? Accordingly, this study contributes to the debate over whether the sources of economic growth stem...

Globally, energy is considered a backbone for any country's sustainable growth. However, Pakistan has still encountered a massive energy crisis that affects its society economically. Therefore, policymakers keenly focused on distinguishing factors contributing to Pakistan's sustainable energy...

The objective of this research is to examine the relationship between human capital and output in Ecuador through cointegration techniques. We use data compiled by the World Bank in the World Development Indicators (2017) and by Barro and Lee (2013) of the period 1982-2015. Despite the...

The objective of this research is to examine empirically the relationship between the current account balance and the real exchange rate for economies with different levels of development. We use data from the annual time series of the period 1980-2015 from the Development Indicators (2017) of...