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On The Relationship Between Population Change And Sustainable Development, Simone Marsiglio
On The Relationship Between Population Change And Sustainable Development, Simone Marsiglio
Faculty of Business - Papers (Archive)
This paper investigates the relationship between population growth and economic growth, through the study of fertility choices and their effects on natural resources. It aims at analyzing the interactions between endogenous fertility choices and the environment and their link to the sustainable matter. We analyze a growth model driven by natural resources and without production, where agents have jointly to determine consumption and fertility, taking into account the effects of their decisions on the dynamics of natural resources. We adopt the most optimistic view on natural capital (it generates endogenous growth) and the weakest notion of sustainable paths (all variables …
Comovement Between Emerging And Developed Stock Markets: An Investigation Through Cointegration Analysis, Searat Ali, Babar Zaheer Butt, Kashif Ur Rehman
Comovement Between Emerging And Developed Stock Markets: An Investigation Through Cointegration Analysis, Searat Ali, Babar Zaheer Butt, Kashif Ur Rehman
Faculty of Business - Papers (Archive)
Globalization has amplified interest of academics and investors to the subject of co movement among the stock markets of the world. This study investigates the co movement of Pakistan's Equity Market with the markets of India, China, Indonesia, Singapore, Taiwan, Malaysia, Japan, USA and UK by using co integration test on monthly stock prices from the period of July 1998 to June 2008. The results reveal that there is no co movement of Pakistan's equity market with the markets of UK, USA, Taiwan, Malaysia and Singapore. Therefore, investors can reduce risk through investment in these countries. Whereas the stock prices …