Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 32 for “"Real interest rate"”.
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An Empirical Test of the Real Interest Rate in Germany, 1970-2000
… is a empirical test of the constancy of the real rate of interest in Germany over the period of 1970 to 2000. The methodology, based on Mishkin (1981), employs Ordinary Least Squares regressions to search for correlation in movements of real rates with lagged inflation, time trends, and ten …
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Non-linear aspects of financial integration: An analysis of the real interest rate parity for Southeast Asian economies
… economies in Southeast Asia are financially integrated among themselves and internationally, and investigates whether financial integration in the region increased following the deregulation of their markets over the 1980's and early 1990's. The analysis is carried out by examining the …
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Investigating the effectiveness of transmission mechanisms of monetary policy in Sierra Leone
… in Sierra Leone with particular focus on the interest rate, exchange rate, and credit channels. It used a Vector Autoregression (VAR) approach to estimate time series annual data from 1980 to 2012. The study employed techniques such as unit root tests, cointegration, Granger causality test, …
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The impact of fiscal and monetary policy on economic growth in Southern African Custom Union (SACU) member economies between 1980 and 2017: a panel ARDL approach
… proxy variables for the fiscal policy whereas real interest rate, inflation, official exchange rate and M2 money supply were used as the proxy variables for monetary policy. Using Lin, Levin and Chu (LLC), and Im, Peresan and Shin (IPS) unit root tests, it was found that all variables were …
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Policies Affecting Production Practices and Adoption of Integrated Pest Management for Jamaican Farmers in Ebony Park, Clarendon
Farmers' decisions to adopt Integrated Pest Management (IPM) technologies depend on the profitability of IPM systems relative to the traditional production methods. Government policies may affect the profitability of the IPM technologies. A linear programming model was developed and used to …
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Deregulation, financial deepening and savings performance in Zambia: 1978-2006
… the behavour of financial savings in relation to real GDP, financial deepening, inflation, and real interest rate using an error correction model over two sample periods, with one period representing the pre-liberalisation period and the other representing the post-liberalisation period. The paper …
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A Study on Locally Persistent Time Series
… An empirical application using US time series of real GNP, real interest rates and real exchange rates illustrates the importance of this class of processes and tests for applied works. It is also studied co-movement of time series with local persistency. In particular, a residual based test for …
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Cost and benefit of energy efficient buildings
… a 20-year Net Present Value analysis with a 5% real interest rate, a recent study by the California Sustainable Energy Task Force showed the total financial benefits of green design to be $50/ft2 - $75/ft2, depending on the building's level of LEED Certification. This number is over ten times …
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ESSAYS ON MONEY AND FINANCE: THE CASE OF SELECTED SOUTH ASIAN COUNTRIES
… flows to South Asian countries, estimation of interest rate pass through in Pakistan and the relative city price convergence in Pakistan. The study has used panel data techniques for empirical estimations. The first study attempts to estimate capital mobility in South Asia using saving …
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Monetary policy and the role of exchange rate: the case of Jordan
… the impact of changes in the exchange rate on the demand for money and the trade balance in Jordan. Using Johansen (1991 and 1995) approach for cointegration analysis and the equilibrium-correction model (ECM), we examined the existence of stable long-run relationships for the demand …
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Analysising the effects of budget deficit dynamics on macroeconomic variables in Namibia
… (gross domestic product), unemployment and interest rate in Namibia. The study employed the Autoregressive Distributed Lag Model (ARDL) and Bounds test for the cointegration approach using time series annual data for the period 1990 – 2018. The cointegration results confirm the presence of a …
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Business Cycle Models with Embodied Technological Change and Poisson Shocks
… accumulated before the productivity gain can be realized. The model offers some valuable features: Firstly, the response of output following a technology shock is very gradual; there are no jumps. Secondly, R&D is an ongoing activity; there are no distinct phases of research and production. …
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The impact of domestic debt on economic growth in Zambia
… was used as a measure for domestic debt, while real GDP growth was used to gauge Zambia's economic growth from 1980 to 2018. The analysis was conducted using the Vector Error Correction model (VECM) and causality time series techniques. The results indicate that increased domestic borrowing led …
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The impact of foreign direct investment on economic growth in South Africa
… direct investment, economic growth, inflation, real interest rate, and saving rate. Co-integration methods, ARDL and ECM were used to analyse the data. To avoid spurious regression results on time series data, the researcher tested for stationarity of the data by using Augmented Dickey-Fuller …
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Threshold cointegration test of the Fisher effect
… to the Fisher hypothesis, the nominal interest rate moves one-to-one with the rate of inflation anticipated by the public, and the expected real rate of return is constant over time. The hypothesis implies that in the long run there is a one-to-one correspondence between changes of the …
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Essays on Risk Sharing and Pricing
… effect of an industry's growth volatility on the interest rate increases significantly with its non-tradability and (ii) carry trade strategies employing currency portfolios sorted on nontraded output growth volatility earns a sizable mean return and Sharpe ratio for US investors. Chapter 2 …
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Essays in monetary and fiscal policy
… the response of aggregate consumption to real interest rate changes in the U.S. My calibrated general equilibrium model predicts that, if U.S. mortgages all had adjustable rates, the effect of interest-rate changes on consumer spending would more than double and would be asymmetric, with …
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Essays on Factor Models
… but with little risk premia. This chapter demonstrates that a simple asset return transform can arbitrarily upset the ranking of volatility-based factors, but not their prices of risks. Accordingly, we propose a new framework to identify factors based on their prices of risks, or the so-called …
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Financial sector development, savings and economic performance : a case study of Libya
… a number of developing countries do not demonstrate this kind ofrelationship, and have rather, recorded relatively low growth despite achievinghigh savings rates.It is argued that the reason why few authors have found empirical evidencesupporting the notion that saving causes growth in …
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Does monetary policy affect real output in a supply-constrained economy: case of Malawi
… production function shows that drought depresses real output, and capital and labour have roughly equal importance as factors of production. We then estimate a short-run growth equation using the ECM methodology and find that real exchange rate and real interest rate do not have a significant …
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