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The Upshot of Money Supply and Inflation in Nigeria

Abstract

This study empirically investigates the upshot of money supply on inflation in Nigeria using annual time series data spanning from 1970 to 2016. Co-integration and Autoregressive Dynamic Error Correction Model (ADLECM) approach was utilized. The results showed that money supply does not considerably influence inflation both in the long and short run possibly because the country is in recession. The ECM has the correct sign of negative and it is significant meaning that about 21% of the errors are corrected yearly. The Granger causality outcome demonstrates that, there is no causality between money supply and inflation in Nigeria within the study period and vice-versa. The implication of this is often that there are different economic conditions which are key determinant of inflation in Nigeria. The study recommends that the government should diversify the economy, minimize importation by encouraging local production of products and services. The CBN should guarantee an exchange rate policy that is essentially determined by the state of the economy and not by speculators being a net importation economy. Also, the CBN should look inwards into the current interest rate and see how it can be regulated in such a way that will encourage private and foreign investors to be able to invest in the country. This in turn, successively increases income, infrastructure development and economic growth at large.

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The Debt Overhang Hypothesis: Evidence from Pakistan

Abstract

This study investigates the debt overhang hypothesis for Pakistan in the period 1960-2007. The study examines empirically the dynamic behaviour of GDP, debt services, the employed labour force and investment using the time series concepts of unit roots, cointegration, error correlation and causality. Our findings suggest that debt-servicing has a negative impact on the productivity of both labour and capital, and that in turn has adversely affected economic growth. By severely constraining the ability of the country to service debt, this lends support to the debt-overhang hypothesis in Pakistan. The long run relation between debt services and economic growth implies that future increases in output will drain away in form of high debt service payments to lender country as external debt acts like a tax on output. More specifically, foreign creditors will benefit more from the rise in productivity than will domestic producers and labour. This suggests that domestic labour and capital are the ultimate losers from this heavy debt burden.

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Influence of Entrance Exams Results on Foreign Students in Economics Studies at University of Economics, Prague

.1080/03057925.2016.1153410 Kuncova, M., & Wasserbauer, P. (2007). Discrete event simulation - Helpdesk model in SIMPROCESS. In I. Zelinka, Z. Oplatkova, & A. Orsoni. (Eds.), 21st European Conference on Modelling and Simulation, ECMS 2007, 105-109 . Dudweiler: Digitaldruck Pirrot. Ling, L., & Ling, P. (2001). Methods and Paradigms in Education Research . IGI Global. Retrieved September 17, 2017 from https://www.igi-global.com/book/methods-paradigms-education-research/164680 Lukes, M., Zouhar, J., Jakl, M., & Ocko, P. (2013). Factors Influencing Entrepreneurial Entry: Early

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Modeling Real Private Consumption Expenditure in Bulgaria after the Currency Board Implementation (1997-2005)

Abstract

In this paper, an econometric model of consumption in Bulgaria for the period 1997-2005 is constructed. The Error-Correction Model (ECM) approach is employed and long-run relationship between household consumption and income was found. The primary purpose of this empirical paper is to get a better understanding of the factors driving household consumption in Bulgaria and to estimate a consumption function to be used for medium-term forecasting. It is shown that all households behave in a Keynesian way, basing their consumption decisions on current income.

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Work-Related Identity of Clinical Research Sector Employees in Poland Against Professional Transformation of the Industry

implications for follower attitudes and behavior. Journal of Occupational & Organizational Psychology , 80 (1): 133–150, http://dx.doi.org/10.1348/096317905X71831 Van Knippenberg, D. and Van Schie, E.C.M. (2000). Foci and correlates of organisational identification. Journal of Occupational and Organisational Psychology , 73 : 137–147. Varshavsly, S. and Platonov, P.G. (2004). FDA inspections Outside the USA: An Eastern European perspective, Applied Clinical Trials Online , http

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Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study

Adalikwu, J. (2013), “Electronic customer relationship management and consumer behavior”, Global Business Research, Vol. 25, No. 2, pp. 139-146. Ahmad, M.S., Rashid, S. and Ul-Mujeeb, E. (2012), “ECRM and customers: A case of Askari Commercial Bank, Pakistan”, Business Strategy Series, Vol. 13, No. 6, pp. 323-330. Alhaiou, T.A., Irani, Z. and Ali, M. (2012), “A study on e-CM implementation and eloyalty at different stages of transaction cycle”, International Journal of Logistics Systems and Management, Vol. 11, No. 2, pp. 270

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Defending the Truth and Counter Information Warfare in Europe

https://ccdcoe.org/strategies/Russian_Federation_unofficial_translation.pdf. [4] Joseph S. Nye, Jr., Public Diplomacy and Soft Power, The Annals of the American Academy of Political and Social Science, Vol. 616, Public Diplomacy in a Changing World, p. 94, Mar., 2008. [5] Edward Lucas and Peter Pomeranzev, Winning the Information War Techniques and Counter-strategies to Russian Propaganda in Central and Eastern Europe, Center for European Policy Analysis, 2016, https://cepa.ecms.pl/files/?id_plik=2706. [6] Intelligence

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