Showing 1 - 10 of 10
While most of the offshoring literature focuses on the effects on relative wages, other implications do not receive the … industry where offshoring takes place. If offshoring takes place in high-skill intensive industries, the high-skill labor ratio … increases (vice versa if offshoring takes place in low-skill intensive industries). Results are in line with other empirical …
Persistent link: https://www.econbiz.de/10011708703
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their relations with the hegemonic economy have been more symmetrical after "euroization". The dimensions explored are those inspired by the optimum currency areas (OCA) framework. To...
Persistent link: https://www.econbiz.de/10011708719
The purpose of this paper is to evaluate the behavior of monetary authorities in Tunisia and Egypt, in response to changes in macroeconomic variables over time based on LSTR model. In this sense, we estimate Taylor-type equations for short-term interest rate in Tunisia and Egypt using quarterly...
Persistent link: https://www.econbiz.de/10011708720
In this study, the impact of terrorist attacks on exchange rate is estimated. Particularly, the study focuses on terrorist attacks in Turkey and its implication on Turkish lira versus pound sterling exchange rate. In order to find the causal effect, the study employed Autoregressive distributive...
Persistent link: https://www.econbiz.de/10011708744
the world and the respective exchange rate with the USD. According to theory, a negative correlation is expected, meaning …
Persistent link: https://www.econbiz.de/10013199522
The purpose of the study was to investigate which factors determine saving and financing in Islamic banks in Indonesia by using Gregory-Hansen cointegration, vector error correction mode (VECM), Granger causality, and the impulse response function. The results disclose the existence of a...
Persistent link: https://www.econbiz.de/10013199565
This paper examines the effects of macroeconomic policy and regulatory environment on mobile money usage. Specifically, we develop an autoregressive distributed lag model to investigate the effect of key macroeconomic variables and mobile money tax on mobile money usage in Uganda. Using monthly...
Persistent link: https://www.econbiz.de/10013199789
One of the core objectives of economic development is to improve people's standards of living. However, both standards of living and consumption expenditures are often determined by disposable income, crude oil prices and exchange rate volatility. The current paper employed quarterly time series...
Persistent link: https://www.econbiz.de/10013199825
This paper examines the effectiveness of the Taylor rule in contemporary times by investigating the exchange rate forecastability of selected four Organisation for Economic Co-operation and Development (OECD) member countries vis-à-vis the U.S. It employs various Taylor rule models with a...
Persistent link: https://www.econbiz.de/10013199831
studied. This research aims to investigate the interdependent relationships between world GDP, world commodity prices, world … autoregression (TVAR) to capture regime changes in the variables of the world economy. World economic data and Indonesia's economic … data were utilized to prove different responses to the world economic situation in two different regimes. This research …
Persistent link: https://www.econbiz.de/10013199900