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In this paper, we challenge the notion of a monotonic relationship between inflation and economic growth in South Africa. In particular, we establish threshold effects in the inflation-growth relationship using a smooth transition regression (STR) model which is applied on data collected between...
This study investigates the impact of external shocks on domestic macroeconomic variables and monetary policy of a small open economy, Zambia using a structural VAR estimated with quarterly data covering the period Q1 2000 to Q1 2016. Results indicate that monetary policy is pro-cyclical in...
This paper examines institutions as a determinant of external debt. We employ a recently constructed data set on institutions for Nigeria, which is constructed using a different methodology from the oft used polity series and also unbundles institutions into several sub-categories. The results...
Research shows that impact investing provides an opportunity for the creation of economic and social value that has the potential to improve the quality of life and make social progress. The need for robust impact measurement has become a reality, since the value that is generated through impact...
To assess the quality of life in its member states, the EU has introduced the statistics on income and living conditions (EU-SILC), purposed to quantify the poverty levels and social problems in individual countries. Although EU-SILC is quite valuable from a policy perspective, because of its...
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