This paper proposes a discrete-state stochastic volatility model with duration-dependent mixing. The latter is directed by a high-order Markov chain with a sparse transition matrix. Ž . As in the standard first-order Markov switching MS model, this structure can capture turning points and shifts in volatility, due for example, to policy changes or news events. Ž . However, the duration-dependen...

Community welfare is the main goal of economic development. Concrete efforts made by Provincial Government Banten continue to be improve in region. This study aims determine short-term relationship and long-term variables community indicators between districts/cities Province 2017-2021. type research quantitative with a descriptive approach, which systematically arranged numbers processed from ...

The aim of this research is to assess the impact GST on India’s foreign trade. Bill implemented simplify complex tax system, allow commodities move effortlessly across state borders, reduce evasion, enhance compliance, raise revenues, encourage growth, boost exports, and attract investors by making it easier conduct business in India. author uses following methods scientific research: Augmented...

Purpose The purpose of this study is to develop, test and examine econometric methodology for Sharīʿah-compliant duration models Islamic banks. Design/methodology/approach research evaluates all existing from Sharīʿah’s perspective develops a four-stage framework testing models. consists multiple regression, Johansen co-integration, error correction model, vector model (VECM) threshold (TVECM)....

This study investigates the dynamics of fiscal policy and economic stabilization using a panel dataset from Sub-Saharan Africa (SSA) sourced World Development Indicators (WDI) between 1985 2019. The utilized vector error correction model (VECM) rather than autoregression (PVAR) after ascertaining presence cointegrating equations (existence long-run relationships). Also, both homogenous heteroge...

Economic growth is a goal that every country wants to achieve. in Indonesia influenced by many factors. This study aims analyze the effect of exchange rate, population and inflation on economic for period 1990-2019. The method used this research Vector Error Correction Model (VECM) after it known there cointegration VAR model testing. From results, stated Consumer Price Index (CPI) variable has...

This study investigates the short and long-term relationships between monetary policy economic growth in Indonesia. The vector error correction model (VECM) applies to tackle research objective use quarterly data from 2004 2019. result shows a significant negative effect of inflation term, other variables are insignificant. Inflation exchange rate have positive impact long money supply has coef...

the dependence of iran's economy to oil revenues and affecting the political and economic issues on income have caused the vulnerability of the economy. one way to meet these challenges is expanding such products, on the one hand improving the domestic economy and on the other hand increasing the exports. among the agricultural products, medicinal plants have a special role in the domestic...

This paper investigates the important question of what relationship, if any, exists between economic infrastructure, gross fixed capital formation, and FDI inflows to Hungary during the 1995-2012 period. Although this question has great significance from an economic policy standpoint, there has been little to no empirical analysis undertaken so far in the case of transition economies such as Hu...

Purpose This paper investigates the relationship between domestic gold prices and inflation in Vietnam based on monthly series of price index consumer over period December 2001–July 2020. Design/methodology/approach The co-integration is examined within autoregressive distributed lag-error correction (ARDL bounds testing) framework. also applies vector error model (VECM) impulse response functi...