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 16 of 16 for “"Short Run Dynamics"”.
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Modelling the long-and-short run dynamics of share price movements in the resource sector
… correction model is developed to correct for short-term disequilibrium. The relationship between co-integration and error correction models is further extended to forecast future returns of share prices. A one-month rolling window forecasting method was implemented to forecast future returns …
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Foreign Aid and Economic Growth in Tanzania: Empirical Analysis in the 1980 to 2015
… 2015. The main objective is to analyze the long run and short run dynamics of Official Development Assistance to the economic growth of Tanzania from 1980 to 2015. An empirical model is estimated using Autoregressive Distributed Lagged (ARDL) approach to co integration for the intention of …
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Bank lending and monetary policy transmission in Germany
… model (VECM), in which we identify long-run cointegration relationships that can be interpreted as loan supply and loan demand equations. In this way, the identification problem inherent in reduced form approaches based on aggregate data is explicitly addressed. The short-run dynamics is …
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Cointegration tests with smooth breaks and co-movements of international reserves
… test. The restriction implies the identical long-run and short-run dynamics in the relationship among the variables of interest. This chapter develops a new Engle-Granger (FEG2) co-integration test that not only prevents the power loss issue from the existing EG test but also accommodates …
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Non-Bank Financial Institutions and Economic Growth in South Africa
… intermediation. This study examines the long-run and short-run dynamics between NBFIs and economic growth in South Africa, situating the analysis within broader debates on financial sector development and inclusive growth. Drawing on annual time-series data from 1994 to 2023, Johansen …
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Government expenditure and growth in Libya.
… of funding these expenditures; (3) examine long-run equilibrium relationships estimated through the cointegration approach. The short-run dynamics was modelled via error correction models. Evaluation of the model was through standard single equation diagnostics, model simulation, and forecasting. …
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Financial Development Channels and Remittances in the SADC
… study was two-fold. Firstly, it analysed the short-run dynamics of interaction between various aspects of financial development and remittances on the economic growth rate (real gross domestic product). Secondly, it analysed the long-run dynamics. In this study four broad institutional …
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The impact of stock market performance on economic growth in Malawi
… was used to test for the existence of a long- run co-integrating relationship between the variables, while Granger causality tests, impulse response functions and variance decomposition analyses were employed to examine the short- run dynamics. The co-integration tests found no evidence of a …
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International Transmission Of U.s. Real, Nominal, And Financial Shocks
… shocks in the U.S. are identified by using long-run implications of an open economy stochastic macroeconomic model, and the effects of these shocks are observed in real GDP, real effective exchange rates, and the prices for the U.S. relative to each of six other G�7 countries. While Blanchard and …
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Capital flight and the role of exchange rates in Nigeria, South Africa and Zambia
… to determine the existence of a long run relationship and estimate a Vector Error Correction Model (VECM) to determine the short run dynamics. Our granger causality test results suggest that the direction of causality between capital flight and the real exchange rate only holds in the …
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Dynamics In Health Care Expenditures For Emerging And Developed Countries
<p>This paper analyzes the dynamics on health care expenditures and health outcomes for emerging and developed countries. The first part of the study focus on the short-run dynamics in health care expenditures for six emerging and a selected group of six developed economies of the OECD group. An …
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The Economic Impact of Migration on the European Countries
… knowledge by assessing whether there is any long-run relationship between migration and GDP per capita, and vice versa. In addition, this thesis examines the impact of migration on the European economies, taking into account their level of education and the effects of skill-based migration …
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Analysing the impact of wage rate and inflation on labour productivity among selected early inflation-targeting countries and emerging market economies
… lag approach (PARDL) to analyse the long-run relationships and short-run dynamics between wage rate and labour productivity. Labour productivity was treated as an endogenous variable in the model, while explanatory variables include wage rate, inflation, import and export ratio. The study …
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Exchange rate regime and exchange rate performance: evidence from East Asia
… on the high frequency weekly data, both long-run and short-run dynamics between stock prices and exchange rates in Hong Kong are addressed. Various forms of evidence and empirical techniques are extensively applied and fully evaluated for the specific questions addressed in this research. …
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Is free riding affecting market discipline in the Euro sovereign bond market?
… an Error Correction Model I investigate the short-run dynamics of bond yields and relate these to the underlying fundamentals of the respective issuer, with low risk issuers having higher speed-of-adjustments than high risk sovereigns. This corresponds to investors views of the 'core members' …
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An Investigation of the Macroeconomic and Monetary Effects of Dollarization in Eritrea
… data are used in the estimation. In terms of the short-run dynamics involved in the long-run relationship between dollarization and inflation, the speed of adjustment towards long-run equilibrium ranges from 7.2-7.6 percent per quarter. Both error correction terms are negative. This indicates that …