Macroeconomic Impacts of Monetary Variables on Pakistan’s Foreign Sector
This study examines the impact of monetary variables on the balance of payments of Pakistan, including the exogeneity of these variables. The empirical findings indicate that the balance of payments is influenced by monetary factors and that monetary ...
M. Aslam Chaudhary and Ghulam Shabbir
doaj
Long-run effects of commodity prices on the real exchange rate: evidence from Argentina
The last commodity boom seems to have been a blessing for many commodity-export countries like Argentina, but it may have also had important effects on the exchange rate and economic structure.
Hildegart Ahumada, Magdalena Cornejo
doaj
Selection on the basis of prior testing [PDF]
We establish that under mild conditions, testing for the individual significance of an impulse indicator in the conditional model, selected on the basis of prior testing of its significance in the impulse saturated marginal model does not require ...
Carlos Santos
core
Further Findings on the Intergenerational Transmission of Alcohol Consumption
ABSTRACT Using 43,817 parent–child pairs from 23 waves of the HILDA Survey, I study the intergenerational transmission of alcohol use within a rational model of trait transmission. Transmission is predominantly same‐sex: the mother–daughter elasticity is 0.10 and the father–son elasticity is 0.09; there is no father–daughter effect.
Sergey Alexeev
wiley +1 more source
Limited Information Bayesian Analysis of a Simultaneous Equation with an Autocorrelated Error Term and its Application to the U.S. Gasoline Market [PDF]
Using Markov Chain Monte Carlo algorithms within the limited information Bayesian framework, we estimate the parameters of the structural equation of interest and test weak exogeneity in a simultaneous equation model with white noise as well as ...
Stanislav Radchenko
core
Health Preferences and Sorting in the City
ABSTRACT There are large health inequalities between neighborhoods in many cities of the world. This paper studies individuals' sorting based on health amenities and exposes an important connection between health preferences and the housing market. I estimate a neighborhood choice model using geolocated data from a health survey in New York City and ...
Manuela Puente‐Beccar
wiley +1 more source
Do Internet‐Driven Trade Shocks Moderate the Exchange Rate Pass‐Through to Inflation?
ABSTRACT This study examines the existence of an internet globalisation intensifying impact on the size of the exchange rate pass‐through (ERPT) to inflation, which conditions the response of central banks' policy rates. Expanding on the traditional determinants of ERPT, we incorporate technology‐induced trade shocks linked to internet adoption to ...
Joanna Darwiche, Nicole Ballouz Baker
wiley +1 more source
Exchange Rates and the Money Demand Process during the Persistently High Inflation Period in the Turkish Economy: Causes and Dynamics [PDF]
The money demand process in Turkey during the period 1987:1-2002:3 can be explained better in the sense of Cagan (1956) rather than in the sense of Sargent et al.(1973).Cagan assumes the exogeneity of money. Sargent et al.
Savaþ Bilal
core
Long-run equilibrium price targetting [PDF]
This is the post-print version of the Article. The official published version can be accessed from the link below - Copyright @ QASS 2011This article describes a characterisation of competitive market behaviour using the concepts of cointegration ...
Burke, SP, Hunter, J
core
ABSTRACT This study draws on framing theory to investigate how microfinance institutions (MFIs) strategically construct a vulnerability‐oriented organisational identity and how this framing influences their funding decisions during the pre‐campaign phase of prosocial crowdfunding.
Ana Paula Matias Gama +3 more
wiley +1 more source

