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Economies, Volume 12, Issue 3

March 2024 - 24 articles

Cover Story: This paper addresses the role of the U.S. dollar in fostering global economic growth during the post-war period. In this study, we explore the dynamic long-run and short-run relationships between cross-border U.S. dollar claims, global GDP, and global trade while gauging the impact of the Global Financial Crisis (GFC) and the COVID-19 pandemic. In doing so, we use ARDL methodology for a data set that spans the period of 1980 to 2022. The estimation results reveal a robust long-run relationship between U.S. dollar claims, global GDP, and global trade and no clear evidence of asymmetric effects. Our findings are of great significance for monetary authorities. View this paper
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Articles (24)

  • Article
  • Open Access
4,940 Views
22 Pages

The aim of this study is to explore the multidimensional relationships among factors influencing decision-making processes regarding women’s willingness to marry and childbirth in South Korea with recognizing the context of family development i...

  • Article
  • Open Access
3 Citations
3,005 Views
29 Pages

Interest rate dynamics are influenced by various economic factors, and central bank meetings play a crucial role concerning this subject matter. This study introduces a novel approach to modeling interest rates, focusing on the impact of central bank...

  • Article
  • Open Access
1 Citations
4,041 Views
16 Pages

In this study, we explored the impact of bank leverage and financial frictions on the transmission of real and financial shocks. Two new Keynesian dynamic stochastic general equilibrium (DSGE) models, with and without financial frictions, were employ...

  • Article
  • Open Access
4 Citations
2,950 Views
12 Pages

Southern African Customs Union (SACU) countries are under pressure to commit themselves to sustainable environmental activities. This study employed data from 2007 to 2021 using quantile regression to determine the heterogenous effects of industriali...

  • Article
  • Open Access
11 Citations
8,211 Views
26 Pages

Economic integration, which in today’s global trade is the fundamental component of linking economic ties between countries, is another important factor in the acceleration of economic growth. The provision of trade logistics services is essent...

  • Article
  • Open Access
1 Citations
3,342 Views
14 Pages

This paper addresses the role of the U.S. dollar in fostering global economic growth during the post-war period. The existing literature lacks a comprehensive understanding of the true implications of the U.S. dollar’s status as a reserve curre...

  • Article
  • Open Access
1 Citations
2,430 Views
13 Pages

In recent years, the issue of income inequality has ascended to the forefront of national and international agendas, underscored by the urgency to navigate the complexities of market-driven economies without exacerbating social disparities. These cha...

  • Article
  • Open Access
2 Citations
2,752 Views
13 Pages

This study analyzes the impact of Chinese shipment volumes measured in TEUs on US stock performance in the initial stages of the COVID-19 outbreak. The analysis indicates that, initially, US stocks were negatively affected irrespective of firms&rsquo...

  • Article
  • Open Access
15 Citations
7,816 Views
18 Pages

Bank-Specific and Macroeconomic Determinants of Profitability of Islamic Shariah-Based Banks: Evidence from New Economic Horizon Using Panel Data

  • Md. Abu Issa Gazi,
  • Rejaul Karim,
  • Abdul Rahman bin S Senathirajah,
  • A. K. M Mahfuj Ullah,
  • Kaniz Habiba Afrin and
  • Md. Nahiduzzaman

The purpose of this study is to analyze significant variables that permit us to ascertain the profitability of Bangladeshi Shariah-based banks. In doing so, two profitability measurements, namely, return on asset (ROA) and return on equity (ROE), hav...

  • Article
  • Open Access
7 Citations
2,380 Views
15 Pages

In a European context in which the objectives of climate neutrality and digitalization appear fundamental, the work analyzes the relationships between the price of the main stock market indices and the most representative variables such as carbon emi...

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Economies - ISSN 2227-7099