This study examines the impact of Economic Policy Uncertainty (EPU) on the consumer
confidence index (CCI) in Pakistan. Using a sample from the start of 2012 up to February
2020, a vector error-correction model is used ...
Predicting the ebb and flow of stock markets is a complex and challenging exercise
owing to the disruptive and uncertain behavior of stock prices. The COVID-19 pandemic
is an example of an event that, had a drastic ...
International trade plays a pivotal role in growth and development. The use of ICT is
profoundly changing the landscape for international trade and expands opportunities
especially for developing countries. The key ...
With rising growth rates and per capita income levels on the Indian subcontinent, foreign
direct investment in the region, especially through mergers and acquisitions, has increased over the past decade. Using transaction ...
This paper examines the impact of remittances on output volatility through the channel
of financial development using data for 158 countries from 1971 to 2017. We estimate the
role of financial development by looking ...
Pomegranates are one of the most important fruits in the Kandahar
province of Afghanistan, which is famous for its pomegranates around the world.
Pomegranates play a vital role in the socio-economic life of those who ...
Emerging research in empirical economics posits a question on the relation
between underlying risk preferences and reflective cognitive ability. In an
experimental setting, a preliminary sample of 260 participants ...
This study investigates the impact of various fiscal policy instruments on
the income inequality of Pakistan using an Auto Regressive Distributed Lag
(ARDL) model on annual data. We find that direct taxes reduce income ...
Expanding home-ownership poses a fundament financial challenge arising
out of the long-term nature of the asset, which calls for the development of
institutions and markets to facilitate the flow of long-term funds. ...
It is essential that policymakers consider cyclical changes in output.
Monthly industrial production is one of the most important and commonly used
macroeconomic indicators for this purpose. However, monthly estimates ...