The paper presents panel data evidence for 13 transition countries on inflation, financial development and growth. It contributes to the growth literature by showing that the transition countries conform to developed country evidence in particular with the strong negative effect of inflation on growth. It also contributes more evidence to the debate on the role of financial development. Once in...

This paper argues that barriers affect both the beginning date and the subsequent pace of modern growth, and taking into account this fact enriches our knowledge of cross-country income differences. The model matches the observed inverted U-shape of cross-country income differences, which implies that a substantial fraction of current income differences is transitional. Hence, the model require...

The paper examines the e¤ect of in‡ation on growth in transition countries. It presents panel data evidence for 13 transition countries over the 1990-2003 period; it uses a …xed e¤ects, full-information maximum likelihood, panel approach to account for possible bias from correlations among the unobserved e¤ects and the observed country heterogeniety. The results …nd a strong, robust, negative e...

An endogenous growth model on finance and growth is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional changes, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries from 1960–2000 to a standard growth equation with a proxy for financial activity. Firstly, it is show...

A solution methodology employing finite elements and a parameterized expectations algorithm is proposed for computing the equilibrium of a CIA model economy. The stochastic growth model considered introduces money via a CIA constraint, and takes consumption as the cash good and leisure and capital investment as credit goods. The ability of the methodology to approximate the solution of the mode...

Stock price data at State Gas Company is defined as the time-series comprising varying volatility and heteroscedasticity. One of best models used to solve problem heteroscedasticity GARCH (generalized autoregressive conditional heteroscedasticity) model. Therefore, this study aims build most suitable model for predicting 186 days before 176 after Covid-19 pandemic, well provide recommendations ...

We present a monetary endogenous growth model and analyze the effects of fiscal and monetary policy with real money as an argument in the utility function. We show that a balanced government budget gives a higher balanced growth rate and lower inflation than a situation with permanent public deficits. It also leads to higher welfare compared to a situation with permanent deficits where the gove...

This study aims to analyze the determinants of influence oil price volatility and limits on Energy sub-sector companies listed Indonesia Stock Exchange in 2018-2021 before after Covid-19. uses Eviews 10 program as information preparation results irregular are selected see relationship between dependent independent variables which calculates (WTI), limit (PL), return assets (ROA), earnings per s...