In this study, we develop a novel estimation method for quantile treatment effects (QTE) under rank invariance and stationarity assumptions. Ishihara (2020 Ishihara, T. (2020), “Identification Estimation of Time-Varying Nonseparable Panel Data Models Without Stayers,” Journal Econometrics, 215, 184–208. DOI: https://doi.org/10.1016/j.jeconom.2019.08.008.[Crossref] , [Google Scholar]) explores i...

one of the economic problems in the developing countries is the debt problem. external debt occurs in the developing countries due to the elimination of the restrictions on the savings gap, the foreign exchange gap, and the fiscal gap in order to form the capital to accelerate the economic growth (karakoy et al., 2012, p. 491). in contrast, borrowing and rising the external debt could be little...

there are various causes for inflation in macroeconomics. one of the important channels of experiencing inflation is through the international economy caused by external shocks. in this context, the impact of exchange rate volatilities on domestic prices known as exchange rate pass-through (erpt) plays a vital role. the present paper deals with the impact of exchange rate pass-through on inflat...

This paper aims to investigate whether the relationship between liquidity risk and bank stability is non-linear. It uses a sample of 83 MENA banks from 2005 2020. Due several economic, financial, regulation differences, whole was divided into two sub-samples. The first one related Middle East countries covers 56 while second North African 27 banks. We performed Panel Smooth Threshold Regression...

This paper investigates the impact of financial inclusion on sustainable firm growth in Northern African countries (Egypt, Morocco, and Tunisia) during period 2007–2020. To this end, study employs a dynamic panel threshold regression (DPTR) model. model is panel-data that can capture different behaviors data, depending variable. The main results showed existence effect. means when low (high), l...