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Christophe Faugere
This article provides a macro-foundation for why the specific value of 2% is a valid inflation target. The approach postulates that innovations generate transactional cost savings by comparison to barter. The optimal velocity of money is derived as a fun...
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Zied Akrout,Hamid Bachouch,Salim Moualdi
Pág. 26 - 33
This study examines the relationship between corruption and economic growth in Tunisia from 1992 to 2018 by focusing on the role of the discretionary power and the distortion of the public spending. To explore the relationship between the variables of in...
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Tiurma Melissa Rakhel
Pág. 233 - 244
Countries require large amounts of energy for continuous economic growth. As mentioned by the US Energy Information Administration, total world energy consumption is expected to increase from 575 quadrillion Btu in 2015 to 736 quadrillion Btu in 2040, or...
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Loris Rubini
Firms in countries with poor enforcement of property rights are often subject to extortions, which impact the business cycle. Unlike taxes, extortions respond endogenously to exogenous shocks, potentially affecting the volatility of investment, consumpti...
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Akinwunmi Kunle Onafalujo
Pág. 129 - 144
Insurance company?s performance can be stymied by internal and external risks. Industry reports show 23 companies out of the 55 operating companies (about 42%) in Nigeria recorded net operating losses in 2015. Macroeconomic risks are external and may be ...
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Ashish Kumar Sedai
This study examines the cost and benefits of capital inflow in emerging economies and delineates equity and debt to examine the nature and trends of capital inflows in Brazil, Russia, India, China, South Africa (BRICS), East Asia and Sub-Saharan Africa s...
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Mohamed Saney Dalmar,Ali Abdulkadir Ali,Ali Yassin Sheikh Ali
Pág. 197 - 204
This study aims to shed light on some of the key macroeconomic indicators that might improve Somalia?s real per capita economic growth. It also aims to verify the possible ways in which these factors could influence the formulation and implementation of ...
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Joel Alejandro Rosado,María Isabel Alvarado Sánchez
Pág. 352 - 361
This paper studied the relationship between the dependency ratio, savings rate and real GDP for Ecuador for the period 1975?2015. Starting with the unit root tests given the use of time series and the cointegration results, the dynamic ordinary least squ...
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Sa?a Obradovic,Nemanja Lojanica
Pág. 177 - 185
In this article, we investigate the long and short run relationship between higher education and economic growth in multivariate framework for Sweden, for the period from 1971 to 2013, by using ARDL approach. Toda-Yamamoto procedures of Granger non-causa...
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Oi Lin Cheung
This study investigates how the overall innovative environment will affect the economic growth of a place, in particular, a state. Using the Innovation Index and its component indexes as a measure of the innovative environment prevailing in the states, i...
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