Assessing debt stationarity and sustainability in the longer run
Thanks to various Fourier DF unit root tests, time-varying fiscal reaction functions and threshold regressions, this study examines the stationarity and the sus...
Thanks to various Fourier DF unit root tests, time-varying fiscal reaction functions and threshold regressions, this study examines the stationarity and the sus...
To take a simple example, consider the production of the latest bestselling novel, the hottest-selling computer game, or the new Volkswagen Beetle. To produce t...
[…] the results show that financial development promotes growth in poorer countries by increasing education and investment, and by decreasing fertility. T...
Economic research, austerity advocates insisted, showed that terrible things happen once debt exceeds 90 percent of G.D.P. But “economic research” s...
We’re supposed to be living in an era where human beings have become the dominant influence on the environment, but COVID-19 has revealed the fragilit...
The demand for money is likely to depend upon the exchange rate in addition to the interest rate and the level of income; this would slightly reduce the effecti...