6 Result(s)
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Article
Ahmad Hassan Ahmad
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Article
Structural breaks and twin deficits hypothesis in African countries
The study examines the twin deficits hypothesis in a sample of twelve African countries for the period between 1980 and 2009. These countries have experienced both the current account and the fiscal deficits, ...
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How important is the financial sector to price indices in an inflation targeting regime? An empirical analysis of the UK and the US
This paper investigates whether there are benefits in terms of higher economic stability from incorporating stock prices into the price index targeted by the central banks. It also looks into the question of w...
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Open AccessRe-examining the ECB’s two-pillar monetary policy strategy: Are there any deviations during and the pre-financial crisis periods?
This paper addresses the extent to which the ECB rate setting responded to inflation and monetary growth in the run up to, and during, the financial crisis of the late 2000s. The analysis covers the period bet...
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Open AccessTesting the ‘Fear of Floating’ Hypothesis: A Statistical Analysis for Eight African Countries
This paper revisits the fear of floating hypotheses for eight African countries from the collapse of the Bretton Woods fixed exchange rate system in the early 1970s up until December 2017. This long period of ...
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Open AccessHow effective is central bank communication in emerging economies? An empirical analysis of the chinese money markets responses to the people’s bank of China’s policy communications
Central banks, in both developed and develo** economies, are responding to the increased demand for transparency in monetary policy formulation and implementation. It is argued that central bank communicatio...
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Open AccessFiscal and External Deficits Nexus in GIIPS Countries: Evidence from Parametric and Nonparametric Causality Tests
This paper investigates the relationship between fiscal and external deficits in five European Union countries (Greece, Ireland, Italy, Portugal, and Spain) using quarterly data for the period 1980:1–2020:1. L...
