Purpose This study aims to examine the symmetric and asymmetric impact of external debt on inflation in Sudan from 1970 2020 within a multivariate framework by including money supply nominal effective exchange rate as additional determinants. Design/methodology/approach The authors utilize an Auto Regressive Distributed Lag (ARDL) model inflation, while is examined using Nonlinear ARDL (NARDL) ...

This study investigates the short- and long-run nexus between volatility index of VIX sovereign credit risk represented by CDS spread in emerging markets, namely Turkey, China, Russia, Brazil, Mexico. The markets are at center investors’ interest due to high return opportunities. relationship has been studied many times via linear models. However, financial series exhibit asymmetric dynamics, a...

The chronic government deficit (fiscal deficit) and increase in the price level (inflation) have become major concerns for economists policymakers. While numerous studies examined twin problems of fiscal inflation both developed developing economies, their results are inconclusive due to different estimation techniques, chosen time periods, selection variables, etc. Therefore, we deficit-inflat...

This study discusses the relationship between hot money and stock market in China by employing Autoregressive Distributed Lag (ARDL) Nonlinear (NARDL) methods. The data used this is quarterly over period 2000: Q1 to 2017: Q4. results show that oil price, economic growth possess a long-run towards China, whereas, no effect found from inflation. price are both positively related while there negat...

This study aims to determine the country-specific variables influencing market value of eurobonds issued by Republic Turkey Ministry Treasury and Finance. The covers period from January 2012 June 2020. For study, 102-month time series are analysed with NARDL model. Parallel model, independent decomposed into positive negative shocks these components added Thus, existence a significant asymmetri...