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José Mauricio Gil León,John William Rosso Murillo,Edgar Alonso Ramirez Hernández
Pág. 137 - 147
We study the effect of public indebtedness on economic growth in Latin American economies. Our main findings indicate that a Public Debt-GDP ratio of 75% leads to a deceleration in growth. On the other hand, a ratio of 35% increases the growth volatility...
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louis Sevitenyi Nkwatoh,Yahya Zakari Abdullahi,Chika Usman Aliyu
Pág. 50 - 59
The Economic Community of West African States (ECOWAS) is committed to forming a broader monetary union by 2020. The approach of forming the union is a replica of the European-type monetary union, which is predicated on the optimum currency area (OA...
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Igor Velickovski,Aleksandar Stojkov,Ivana Rajkovic
Pág. 159 - 174
This paper investigates the drivers of shock synchronization using quarterly data for 27 European countries over the period 1999?2013 and taking into account the difference between core and peripheral euro area and European transition countries. The resu...
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Nektarios A. Michail, Christos S. Savva and Demetris Koursaros
In the aftermath of the European sovereign debt crisis (2009?2014), the management of expectations has risen in importance. However, policy responses have emphasized the management of fiscal spending without examining the impact changes in the business c...
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Pooja Joshi and Arun Kumar Giri
The study aims at examining how fiscal deficits affect the performance of the stock market in India by using annual data from 1988?2012. The study makes use of Ng-Perron unit root tests to check the non-stationarity property of the series; the Auto Regre...
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