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dollarization period, 2009 to 2018, and measured its correlation with economic activity. The aim of the MCI is to inform monetary … between interest rates and exchange rates in determining economic activity in Zimbabwe. The constructed MCI captured the … interplay between these two key variables and the study established its relationship with economic activity. On this basis, the …
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proposed framework is used to analyse five annual US Real Economic Activity series (Employees, Energy, Industrial Production … behaviour. The results indicate that economic activity in the US is highly persistent and is also characterised by cycles with a …
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This paper studies the influence of external financial factors on economic activity in emerging economies (EMEs … of corporate bonds issued in foreign capital markets, and its relationship with economic activity is examined. Results … show that the indicator has considerable predictive power on future economic activity. Furthermore, an identified adverse …
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