The Elasticity Approach is a classical framework used to analyze how changes in…
The Monetary Approach to the Balance of Payments (MABOP) views the BOP as a ref…
Key Takeaways The current account deficit (CAD) reflects a country s…
The Balance of Payments (BOP) is a systematic record of all economic transacti…
A currency crisis refers to a situation in which there is a significant and ra…
Central banks intervene in the foreign exchange market to control the value of …
High powered money (HPM), also called reserve money or the monetary base , for…
1. Macroeconomic & Demand Issues Stagnant GDP growth fails to generate …
Political & Legal Reform 1. Enact a new Political Party Act …
Overview The Monetary Policy Transmission Mechanism (MPTM) describes the proc…
In this blog post, I demonstrate how to conduct a simple randomization inferenc…
Given that there are 100 groups with each 100 observations. In each group, half…
Attenuation bias refers to the systematic underestimation of the magnitude of a…
Simultaneous causality bias is a common problem in econometrics that prevents u…
The omitted variable bias occurs when we fail to include a relevant variable th…
This article has been published in Asian-Pacific Economic Literature. I have po…
Journal Name SJR CiteScore % Cited Perce…
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