Cash Reserve Requirement and Credit to SMEs in Nigeria: An ARDL Bounds Test Aproach
نویسندگان
چکیده
منابع مشابه
The Effects of Openness and Globalization on Inflation: An ARDL Bounds Test Approach
Abstract The purpose of this paper is to test the hypothesis first proposed by Romer (1993); suggesting that inflation is lower in more open economies. According to this hypothesis, central banks have a lower incentive to engineer surprise inflations in more-open economies because the Phillips curve is steeper. Furthermore, Comparing with other empirical studies, this paper has used the new KOF...
متن کاملthe effects of openness and globalization on inflation: an ardl bounds test approach
abstract the purpose of this paper is to test the hypothesis first proposed by romer (1993); suggesting that inflation is lower in more open economies. according to this hypothesis, central banks have a lower incentive to engineer surprise inflations in more-open economies because the phillips curve is steeper. furthermore, comparing with other empirical studies, this paper has used the new kof...
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We present a dynamic cash-management model where agents choose whether to pay with cash or credit at every point in time. In the model credit usage depends on the current stock of cash, a novel result that matches recent micro evidence on household’s payment choices. The optimality of such decision rule is novel and cannot be obtained by models where cash-credit decisions are made at the “begin...
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In this study, the causality links between electricity consumption and economic growth are investigated for Turkey, the United Kingdom, Spain, Belgium and United States covering the period from 1964 to 2014. The results of autoregressive distributed lag (ARDL) approach, bounds testing and error correction model show that there is a positive one-way and statistically significant causality moving...
متن کاملCredit Insurance and Small and Medium Enterprises(SMEs
A credit transaction as a way of buying and selling goods and services, in which the price is not paid in cash; contains several risks for the seller. The risks of non-payment and bankruptcy of the buyer are the most important ones that could endanger the liquidity cycle and even life of the seller. The weight of the risk depends on the amount of capital and deals of companies. So, SMEs may ...
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ژورنال
عنوان ژورنال: Journal of Asian Business Strategy
سال: 2019
ISSN: 2309-8295,2225-4226
DOI: 10.18488/journal.1006.2019.91.10.28