This paper employs a System Generalized Method of Moments (System GMM) technique to examine the impact of government effectiveness on the economic growth of a panel of 81 countries. The paper finds a significant positive effect of government effectiveness on economic growth

Purpose: The purpose of this paper is to investigate the possible asymmetric response of inflation expectations to oil price and policy uncertainty shocks. Design/methodology/approach: The authors used the test of asymmetric impulse responses proposed by Kilian and Vigfusson (2011) to explore...

We investigate the possible asymmetric response of inflation expectations to oil price and policy uncertainty shocks. Unlike other studies that assume symmetric effects, our study finds asymmetric effects of oil price and policy uncertainty on inflation expectations for positive and negative...

Purpose: We investigate the nature and degree of US economic policy uncertainty spillover on the stock markets of a group of nonconventional economies like the GCC countries, where risk-sharing based financial system is prominent and foreign investment, risk-free interest, derivatives, etc. are...