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The demand for money, especially in the developing countries, is an important relationship for formulating appropriate monetary policy and targeting monetary variables. In this paper the demand for narrow money in India is estimated and its robustness evaluated. It is found that there is a...
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The Solow (1956) growth model is extended with an endogenous growth framework to estimate the effects of trade openness on the Steady State Growth Rate (SSGR). Estimates of the augmented production functions are used to compute the SSGRs for Singapore, Malaysia, Hong Kong, India and Thailand....
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"This book adds to the works of Solow by showing how his original model can be extended and used for policy, discussing issues in growth econometrics including the theoretical underpinnings of growth models and some of the important challenges in empirical studies on economic growth"--Provided...
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