Open Access. Powered by Scholars. Published by Universities.®
- Discipline
-
- International Economics (13)
- Growth and Development (11)
- Econometrics (7)
- Finance (7)
- Business (5)
-
- Economic Theory (5)
- Political Economy (5)
- Behavioral Economics (4)
- Labor Economics (4)
- Regional Economics (3)
- Education (2)
- Education Economics (2)
- International Business (2)
- International Relations (2)
- International and Area Studies (2)
- Political Science (2)
- African Studies (1)
- Banking and Finance Law (1)
- Bankruptcy Law (1)
- Comparative Politics (1)
- Corporate Finance (1)
- Defense and Security Studies (1)
- Development Studies (1)
- Economic Policy (1)
- Finance and Financial Management (1)
- Health Economics (1)
- Latin American Studies (1)
- Keyword
-
- Macroeconomics (4)
- Unemployment (3)
- Africa (2)
- CGE Model (2)
- China (2)
-
- Economic Growth (2)
- Economics (2)
- Finance (2)
- Free Trade (2)
- Inequality (2)
- Inflation (2)
- Interest rates (2)
- International Economics (2)
- NAFTA (2)
- Remittances (2)
- Tariffs (2)
- 2008-2009 Financial Crisis (1)
- ARCH (1)
- ARIMA modeling (1)
- AfCFTA (1)
- Automotive Trade (1)
- Backward bending supply curve (1)
- Bayesian Inference Covid-19 (1)
- Bilateral (1)
- Budget deficit (1)
- Business Cycles (1)
- Business cycle synchronisation (1)
- CEMAC (1)
- COMESA (1)
- Capital inflows (1)
- Publication Year
Articles 31 - 37 of 37
Full-Text Articles in Macroeconomics
Shanghai As An International Financial Center - Aspiration, Reality And Implication, Raph Luo
Shanghai As An International Financial Center - Aspiration, Reality And Implication, Raph Luo
Undergraduate Economic Review
China’s rapid economic development, especially in the financial sector, has ignited the discussion of the re-emergence of Shanghai as a leading international financial center (IFC). Much still remains to be done for Shanghai to catch up with established centers such as New York and London, including deepening its capital markets and opening itself up to cross-border capital flows. While Shanghai’s current financial development has been made possible largely by China’s past economic conditions and policies, recent reforms are also likely to guarantee Shanghai the position as a world-class onshore IFC in the near future. The rise of Shanghai will likely …
Interest Rate Policy In China: The Impact Of Suppressed Deposit Rates On Household Income From 2000-2007, Zhuliang James Zhang
Interest Rate Policy In China: The Impact Of Suppressed Deposit Rates On Household Income From 2000-2007, Zhuliang James Zhang
Undergraduate Economic Review
An often-overlooked impact of China’s policy of maintaining low interest has been the suppression of household interest income, which has increased the propensity of households to save while decreasing their consumption rates. This paper posits that from 2000 to 2007, deposit rates in China were suppressed annually by around 720 basis points, imposing an implicit tax on annual per-capita income of 12.8% on average. Raising deposit rates will increase household income and boost consumption in the medium-term if the Chinese government is able to initiate policy shifts that distribute the gains of economic growth more equitably to households. Research advised …
Local Initiatives And Imf Policies In Quito, Ecuador, Dionissi Aliprantis
Local Initiatives And Imf Policies In Quito, Ecuador, Dionissi Aliprantis
University Avenue Undergraduate Journal of Economics
If we are to define development as an increase in the freedoms people enjoy, then we may move beyond structural adjustments and foreign investment as means to create wealth in Ecuador and Latin America. Although not conclusively documented one way or the other [13], microlending is a promising path towards development from this perspective. At the very least, microlending offers hope to a segment of the population that would otherwise be disenfranchised. In Quito, Ecuador, microlending programs are creating wealth and expanding freedoms in a manner consistent with capitalism, while a good deal of IMF policies extract wealth from the …
A Case Of The Philips Curve In The Formation Of A Monetary Union: A Glimpse At High Inflation Countries Of The European Monetary Union, Yuet Wen Wan
University Avenue Undergraduate Journal of Economics
This paper examines how disinflation in high inflation economies affects unemployment levels. According to Keynesian macroeconomic theories, a decrease in inflation will cause an increase in unemployment in the short run. Due to high inflation over the years among countries like Italy and Ireland, their expected inflation rate is significantly high. As a result, when the government starts a process of disinflation though restrictive fiscal and monetary policies, economic activity declines, and significant short run increase in unemployment follows.
The Phillips Curve In The 1990s, Hayden Smith
The Phillips Curve In The 1990s, Hayden Smith
University Avenue Undergraduate Journal of Economics
This paper will explore whether or not the Phillips curve relationship exists for the 1990s. I will attempt to estimate a Phillips curve for the past decade using data for the United States. In section two, I will explain the theory behind the Phillips curve and how the theory has evolved. In section three, I will present a literature review discussing previous research and results. Section four will present my empirical model and data. In section 5, I will present my results and discuss econometric problems such as serial correlation that may lead to biased estimates. In section six I …
Crowding Out And Government Spending, Marie Carrasco
Crowding Out And Government Spending, Marie Carrasco
University Avenue Undergraduate Journal of Economics
The purpose of this paper is to provide a better understanding of the relationship between budget deficits and private investment and to contribute to the discussion of whether or not such a relationship exists. We test the robustness of Cebula's (1985) model by extending the time period, by testing the model using a proxy for one of the variables, and by de-trending the variables.
The Stock Market As A Leading Indicator: An Application Of Granger Causality, Brad Comincioli
The Stock Market As A Leading Indicator: An Application Of Granger Causality, Brad Comincioli
University Avenue Undergraduate Journal of Economics
The purpose of this paper, then, is to evaluate stock prices as a leading indicator of economic activity. Time-series analysis and the notion of "Granger causality" are used in this project to estimate relationships between stock prices and the economy, and to see if they are consistent with theory. In this paper, we will explore the following questions. First, does the stock market lead the real economy, in the sense that variation in its past values explains some of the variation in the real economy? Second, does the stock market "Granger-cause" the real economy, in which case past values of …