The primary objective was to evaluate the extent which foreign exchange restraints import demand in Sierra Leone. Using time series data from 1980 2020, this study determined Leone's function by including constraints a structural model developed Emran and Shilpi (2010). compensated for both short-run long-run links employing an ARDL bounds-testing technique with error-correcting mechanism. resu...

The Reserve Bank’s inflation target is specified in terms of CPI inflation. However, in understanding and forecasting developments in overall inflation, it can be useful to examine separate components of the CPI basket. In a small open economy such as Australia, the basket of goods and services consumed by households can be divided into ‘non-tradable’ items and ‘tradable’ items. Non-tradable it...

adopting a policy and deciding on long-term investment in the mining industry by a government orprivate sector actors depends strongly on the ability to predict the scarcity of mineral reserves. changein scarcity of mineral reserves is a function of several technological and non-technological factors.among them, change in technology is the most significant factor affecting scarcity. this paper ...

We use generalized method of moments to estimate a rational expectations aggregate demand/aggregate supply macroeconomic model for five European economies and the United States. Our aim is to examine whether supply or demand shocks have predominated in these economies during the post-war era, and whether shocks of either type have been primarily temporary or permanent in nature. The estimation ...

india has experienced persistently high inflation in recent years, despite a period of below-trend economic growth. As a result, controlling inflation has become a key objective for policymakers. The two main indicators of inflation in india are the wholesale price index (Wpi) and the consumer price index (cpi). Although the Wpi has traditionally been the most widely used measure for assessing ...

T   he completed MCI includes three main channels of interest rate, exchange rate and credit rate. In developing countries such as Iran, this indicator, which contains a credit channel, could be better used to illustrate the country’s monetary condition. This study has been done to calculate this index for the period of 1978–2012. For this purpose, the function of the total economy demand ...

This paper, first, estimates the appropriate, log-log or semi-log, linear long-run money demand relationship capturing the behavior US money demand over the period of 1980:Q1 to 2010:Q4, using the standard linear cointegration procedures found in the literature, and the corresponding nonparametric version of the same based on Projection Pursuit Regression (PPR) methods. We then, compare the res...