Showing 1 - 10 of 3,431
This paper analyses the link between discretionary fiscal policy and output growth in ten CEE countries. Three aspects are considered: cyclical pattern in the fiscal discretion, contributions to GDP growth, and the link between policy aggressiveness and output volatility. Fiscal discretion is...
Persistent link: https://www.econbiz.de/10015247387
-term decision-makers in Tunisia to adopt appropriate strategies for conducting monetary policy as well as containing inflation. …
Persistent link: https://www.econbiz.de/10015256423
In this paper, we aim to test the empirical validity of the QTM relationship for the Turkish economy. Using some contemporaneous time series estimation techniques, our estimation results reveal that stationarity characteristics of the velocities of currency in circulation and the broad money...
Persistent link: https://www.econbiz.de/10015219753
In this paper, it is tried to test the main assumptions of the Quantity Theory of Money for the Turkish economy. Using some contemporaneous estimation techniques to examine the long-run stationary economic relationships on which the quantity theory is constructed, it is found that stationary...
Persistent link: https://www.econbiz.de/10015221009
This paper aims to test the prevalence of the Lucas critique by use of an applied modelling approach. The Turkish narrow money demand is chosen for investigation purposes and an extensive statistical-based econometric application has been carried out to observe whether the model in question has...
Persistent link: https://www.econbiz.de/10015233635
This paper observes if budget deficit has significant impact on interest rates, exchange rates, and, price level through (a) theoretical discussions, and, (b) relevant statistical estimations by regression models and Granger causality models. The paper (i) reaches the regression output depicting...
Persistent link: https://www.econbiz.de/10015254138
The objective of this paper is to determine the relative importance of aggregate demand and aggregate supply shocks to fluctuations of real growth in CEMAC. The factual analysis of growth in the subregion over the last 20 years shows a dependence on oil prices whose e!ects on growth are...
Persistent link: https://www.econbiz.de/10015269506
In Master’s Thesis on purpose of Lithuania’s economical convergence’s exploration in the context of the integration in … the EMS, the concept of convergence by defining its possible cognition’s and evaluation’s ways in respect of Macro … longevity of economical convergence. During the fulfilling of the analysis of Lithuania’s economical convergence with the …
Persistent link: https://www.econbiz.de/10009478448
, from monotonic stability at one extreme to chaos at the other extreme, and with all forms of multiperiodic dynamics between …
Persistent link: https://www.econbiz.de/10015215298
the inflation have caused mismatching between macroeconomic policies and social insurance ... …
Persistent link: https://www.econbiz.de/10015215424