In the context of breakdown wage-productivity nexus since 2008–09 Global Financial Crisis, this study analyzes that in UK by accounting for potential asymmetries and nonlinearities. Employing a NARDL framework data from 2000Q1 to 2018Q4, our key findings suggest aggregate productivity within retail sector have significant positive impact on wages sector. However, there are important The is foun...

The empirical investigation of which risk factor—political or financial—is the optimal driver country in emerging economies twenty-first century has grown into a significant and volatile issue recent decades. This paper investigates linkages between political financial four Balkan (i.e., Greece, Albania, Bulgaria, Romania) from 1984 Q3 to 2018 Q4, using non-linear autoregressive distributed lag...

This study examines the asymmetric effects of third-country exchange rate volatility on Turkish-German commodity trade. We analyzed annual time-series data spanning 1980-2022 for 79 (93) Turkish export (import) industries. The ARDL model found that volatility, using lira-dollar, had a significant short-term symmetric effect 59 (67) NARDL short-run trade volumes in more than half and import Howe...

A better understanding of the effect openness on volatility can lead to more effective government policy that addresses adverse outcomes volatility. By using NARDL model, Hodrick-Prescott (HP) filter, and annual time-series data from period 1981 2020, this study examined output in Ethiopia. From bound test, research find a long-run cointegration between volatility, agricultural output, trade op...

Nakit akışına bağlı olmayan faktörlerin ülkelerin finansal piyasalarının entegrasyonu üzerindeki etkileri literatürde en çok ilgi gören konulardan biridir. Son yüzyılın büyük salgını olan COVID-19’un finans piyasalarına ise sıcak tartışmaların odak noktası halindedir. Bu çalışmanın amacı, yatırımcıların zamanla değişen riskten kaçınma düzeylerindeki değişimin Amerika Birleşik Devletleri ve BRIC...

Abstract In the last few decades, rising prices of agricultural commodities have been an area concern for most countries owing to high population growth, increased unemployment, and per capita food needs. The current study intends examine positive negative shocks product prices, credit disbursement, labor force’s impact on growth Pakistan. nonlinear autoregressive distributed lag (NARDL) method...

Abstract The objective of the paper is to examine asymmetric relationships between ICT, globalization, and human development in India by analysing annual data from 1991 2019 through non-linear autoregressive distributed lag (NARDL) model. result shows that positive (negative) change globalization leads a decline (increase) long run. Further, mobile density increases A internet has negative impa...

The current study explored the impact of renewable energy use, urbanization, economic growth and trade in services on CO2 emission Maldives by using annual data series ranging from 1990 to 2020. We have checked variables influences utilizing nonlinear autoregressive distributed lag (NARDL) method with long-run short-run connections. Findings via showed that use has positive negative coefficient...