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difficulties in financing its debts in the long run. Lastly, the short run and long run Granger causality results, while providing …
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the twin-deficit hypothesis: we found evidence in favour of a reverse Granger-causality running from the external deficit …
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This is an introductory article which explains the importance of explicit consideration and modeling of causality … to understand approaches to causality is via Simpson's paradox. We will use this paradox, framed in different real …-world contexts, to provide an introduction to basic concepts of causality. …
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Motivated by recent debates on the possible role of wages as an income policy tool, in this study we examine the dynamic inter-relationship between wages in Bulgaria, mainly in the context of its EU accession. Relative to the WDN studies on the other EU member states, the novelty in this paper...
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