â â â  â â â â â â â â â â â  financial sector is one of the most influential sectors in economic activities. empirical and theoretical studies conducted in recent years have also confirmed the significant role of financial institutions in economic growth. additionally, trade and financial liberalization policies have been particular concerned with strategic policies in developed and developing...

t his paper investigates the impact of monetary policies on the exchange rate of selected developing countries during the period 2001-2010. for this purpose, in addition to the theoretical explanation, dynamic panel data based on the generalized method of moments (gmm) have been used to estimate the model. our findings indicate that the lag of exchange rate variable has a positive and signific...

the increase of greenhouse gases (ghg) in which co2 emissions constitute the principal component, is of major environmental problems of all societies. economic growth impels intensive use of resources and as a result, more residues and wastes thrown in the nature that could lead to environmental degradation. this article tries to trace the eventual relationship between trade openness and enviro...

abstract in this context, this article tries to presents a conceptual model of the factors affecting the government size and empirical test through econometric generalized methods of moments (gmm) by using data from 15 developing countries, review relationship between fiscal decentralization and the government size. the results of dynamic panel data indicate a positive effect of income and expe...

The chapter discusses generalized method of moments (GMM) estimation methods for spatial models. Much of the discussion is on GMM estimation of Cliff-Ord-type models where spatial interactions are modeled in terms of spatial lags. The chapter also discusses recent developments on GMM estimation from data processes which are spatially α-mixing. I.R. Prucha Department of Economics, University of ...

In a general classification, the economy of any country is divided into two parts of official and invisible economies. Invisible activities drop outside the scope of the law and official economy and strongly affect socioeconomic development and the formal sector of all countries.These activities which are known under various titles including the shadow economy are influenced by various factors....

in a general classification, the economy of any country is divided into two parts of official and invisible economies. invisible activities drop outside the scope of the law and official economy and strongly affect socioeconomic development and the formal sector of all countries.these activities which are known under various titles including the shadow economy are influenced by various factors....

This paper is devoted to "Some Discrete Distributions Generated by Standard Stable Densities" (in short, Discrete Stable Densities). The large-sample properties of M-estimators as obtained by the "Generalized Method of Moments" (GMM) are discussed for such distributions. Some corollaries are proposed. Moreover, using the respective results we demonstrate the large-sample pro...