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Articles 1 - 17 of 17
Full-Text Articles in Economics
基於Bma方法的長期經濟增長因素確定—— 一個研究綜述, 路征, 鄧翔
基於Bma方法的長期經濟增長因素確定—— 一個研究綜述, 路征, 鄧翔
Zheng Lu (Chinese: 路征)
將貝葉斯統計理論引入經濟學研究具有重要的理論與實踐價值，並已被國外經濟研究者廣泛應用於經濟研究中。BACE 方法是基於 BMA（Bayesian Model Averaging）的一個改進，由Doppelhofer 等提出並利用其研究長期經濟增長因素的確定，認為許多的潛在因素與經濟增長相關，從而支持了 Sala-i-Martin 而不是 Ross Levine 和 David Renelt 的研究結論。
Alleviating Global Poverty Through Profitable Partnerships: Moral Imagination & Economic Well-Being, Laura Hartman, P. Werhane, D. Moberg, S. Kelley
Alleviating Global Poverty Through Profitable Partnerships: Moral Imagination & Economic Well-Being, Laura Hartman, P. Werhane, D. Moberg, S. Kelley
Laura Hartman
While at least one out of six in the global human population cannot meet the basic demands of survival and they have little ability to buy goods and services, this situation also presents potential new markets for multinational enterprises seeking long-term sustainability. If economic growth is a continuing and positive goal for the planet and for global companies, then, as markets in developed economies become saturated, these new markets provide fresh opportunities to satisfy this objective.
The Exchange Rate And Fiscal Consolidation Episodes In Emerging Market Economies, John Thornton, Amine Mati
The Exchange Rate And Fiscal Consolidation Episodes In Emerging Market Economies, John Thornton, Amine Mati
John Thornton
An analysis of fiscal consolidations in emerging market economies during 1970–2004 suggests that exchange rate depreciation raises the probability of a fiscal consolidation being successful, including when controlling for debt, growth, the composition of the consolidation, and degree of democracy.
International Capital Mobility: Evidence From Panel Cointegration Tests, John Thornton, Olumuyiwa S. Adedeji
International Capital Mobility: Evidence From Panel Cointegration Tests, John Thornton, Olumuyiwa S. Adedeji
John Thornton
Panel cointegration techniques applied to pooled data for 50 developed and developing economies for the period 1970–2000 indicate that savings and investment are non-stationary and cointegrated, that there are marked differences in saving–retention ratios between different country groups, and that retention ratios have fallen.
Does Real Exchange Rate Volatility Affect Foreign Direct Investment? Evidence From Four Developed Countries, Abdur Chowdhury, Mark Wheeler
Does Real Exchange Rate Volatility Affect Foreign Direct Investment? Evidence From Four Developed Countries, Abdur Chowdhury, Mark Wheeler
Abdur R. Chowdhury
This study examines the impact of shocks to exchange rate uncertainty (volatility) on foreign direct investment (FDI) in Canada, Japan, the United Kingdom, and the United States. The analysis is conducted using vector autoregressive models that contain the price level, real output, the real exchange rate, the volatility of the real exchange rate, the interest rate, and FDI. The results from variance decompositions yield public policy implications. In Canada, Japan, and the United States, innovations to exchange rate uncertainty explain significant portions of the forecast error variance in FDI at longer time horizons. The impulse response functions indicate that, to …
Fiscal Institutions And The Relation Between Central And Sub-National Government Fiscal Balances, John Thornton
Fiscal Institutions And The Relation Between Central And Sub-National Government Fiscal Balances, John Thornton
John Thornton
Skeptics of fiscal decentralization argue that it can complicate fiscal stabilization policies at the level of the central government because of uncoordinated fiscal actions by the national and sub-national tiers of government. However, panel data estimates for OECD economies suggest that this danger has been overstated in that changes in the fiscal balances of central and sub-national governments are highly positively correlated. This result partly reflects the success of institutional arrangements that govern intergovernmental fiscal relations and appears unrelated to the extent of fiscal decentralization.
Inflation And Inflation Uncertainty In Argentina, 1810–2005, John Thornton
Inflation And Inflation Uncertainty In Argentina, 1810–2005, John Thornton
John Thornton
Unit root tests results suggest that inflation in Argentina for the period 1810–2005 is a stationary series when account is taken of structural breaks that coincide with bouts of hyperinflation. A GARCH (1,1) model of annual inflation suggests a positive short-run relation between the mean and variance of inflation, supporting Friedman's hypothesis that high inflation is associated with more variable inflation.
Does Volatility In Government Borrowing Leads To Higher Inflation? Evidence From Pakistan, Safdar Khan
Does Volatility In Government Borrowing Leads To Higher Inflation? Evidence From Pakistan, Safdar Khan
Safdar Khan
No abstract provided.
An Analysis Of Pakistan’S Vulnerability To Crisis, Safdar Khan
An Analysis Of Pakistan’S Vulnerability To Crisis, Safdar Khan
Safdar Khan
No abstract provided.
A Note On Sustained Economic Growth For Pakistan, Safdar Khan
A Note On Sustained Economic Growth For Pakistan, Safdar Khan
Safdar Khan
No abstract provided.
Estimating Output Gap For Pakistan Economy: Structural And Statistical Approaches, Safdar Khan
Estimating Output Gap For Pakistan Economy: Structural And Statistical Approaches, Safdar Khan
Safdar Khan
No abstract provided.
Quarterly Data On The Categories And Causes Of Bank Distress During The Great Depression, Gary Richardson
Quarterly Data On The Categories And Causes Of Bank Distress During The Great Depression, Gary Richardson
Gary Richardson
No abstract provided.
The Risk Components Of Liquidity, Lorán Chollete, Randi Naes, Johannes Skjeltorp
The Risk Components Of Liquidity, Lorán Chollete, Randi Naes, Johannes Skjeltorp
Lorán Chollete
No abstract provided.
Economics: An Introduciton To Traditonal And Progressive Views, Howard J. Sherman, E. K. Hunt, Reynold Nesiba, Phillip O'Hara, Barbara Weins-Tours
Economics: An Introduciton To Traditonal And Progressive Views, Howard J. Sherman, E. K. Hunt, Reynold Nesiba, Phillip O'Hara, Barbara Weins-Tours
HOWARD J SHERMAN
Thoroughly revised, expanded, and updated, this classic text offers a broader intellectual foundation than traditional principles textbooks. It introduces students to both traditional economic views and their progressive critique. The text puts the study of microeconomics, macroeconomics, and globalization into historical context. While covering the same topics as a traditional text, it also offers a richer discussion of economic history and the history of economic thought, including the ideas of Karl Marx, Thorstein Veblen, and John Maynard Keynes. This enables students to see economics as a way of understanding the world--a lens for social analysis--rather than as immutable truth or …
Optimal Public Goods Provision: Implications Of Endogenizing The Labor/Leisure Choice, Nicholas E. Flores, Philip E. Graves
Optimal Public Goods Provision: Implications Of Endogenizing The Labor/Leisure Choice, Nicholas E. Flores, Philip E. Graves
PHILIP E GRAVES
Conventional analysis of public goods provision aggregates individual willingness to pay while treating income as exogenous, ignoring the fact that we generate income to allow us to purchase utility-generating goods. We explore the implications of endogenizing the lahor-leisure decision by explicitly considering leisure demand in a model of public goods provision. We consider benefit analysis of public goods provision and find that increments of the public good will generally be under-valued using conventional analysis while decrements to the public good (rare in public good settings) will be overvalued (JELC91,D61,Q5I)
Explaining Pro-Cyclical Fiscal Policy In African Countries, John Thornton
Explaining Pro-Cyclical Fiscal Policy In African Countries, John Thornton
John Thornton
Simple time series regressions for 37 low-income African countries during 1960–2004 suggest that government consumption is highly pro-cyclical,with consumption responding more than proportionately to fluctuations in output in many cases. The results from a cross-country specification suggest that government consumption is more procyclical in those African countries that are more reliant on foreign aid inflows and that are less corrupt, and that it is less procyclical in countries with unequal income distribution and that are more democratic. These results contrast with those from recent research using data sets that comprise a more diverse groups of countries in terms of geography …
Democracy Autocracy And Macroeconomic Performance In Pakistan, Nasir Iqbal, Sardar Javaid Iqbal Khan, Muhammad Irfan Chani
Democracy Autocracy And Macroeconomic Performance In Pakistan, Nasir Iqbal, Sardar Javaid Iqbal Khan, Muhammad Irfan Chani
Muhammad Irfan Chani
Pakistan showed a healthy growth rate of 5.6 percent during the entire history and faced many ups and downs in economic growth due to dramatic changes in political regimes. The literature shows mixed results regarding the impact of autocracy or democracy on economic growth. The aggregate growth of the economy under autocracy remained better as compared to democratic period. Financial indicators show consistent path through out the history of Pakistan. Different trade policies are designed in different regime to run the external sector and the impact of each policy was different.