Journal of Economic Studies: Volume 38 Issue 6

Has the link between inflation uncertainty and interest rates changed after inflation targeting?

Girijasankar Mallik, Ramprasad Bhar

The purpose of this paper is to establish a link between inflation uncertainty and interest rates for five inflation‐targeting countries.

Testing for nonlinearity of exchange rates: an information‐theoretic approach

Yuqin Zhang, Abdol S. Soofi, Shouyang Wang

This study seeks to explore the nature of a data‐generating process for four dollar exchange rates.

Self‐employed workers' health and household labour supply

Mauricio Reis

This paper aims to investigate whether shocks to the health of a self‐employed worker in Brazil increase the labour supply of other household members.

Great recession versus great depression: monetary, fiscal and banking policies

Cinzia Alcidi, Daniel Gros

This paper sets out to explore three areas in which the experience of the great depression might be relevant today: monetary policy, fiscal policy, and the systemic stability of…

Nonlinear stationarity of real interest rates in the EMU countries

Su Zhou

This paper aims to examine two hypotheses that have not been well investigated in the existing literature. One hypothesis is that the real interest rates of industrial countries…

Distinctive demand and risk characteristics of residential housing loan market in India

Arindam Bandyopadhyay, Asish Saha

The primary objective of the paper is to demonstrate the importance of borrower‐specific characteristics as well as local situation factors in determining the demand prospect as…

Is industrial agglomeration increasing? New evidence from a small open economy

Andrew James Crawley, Stephen Hill

The purpose of this paper is to examine changes in manufacturing agglomeration in a small open economy over the last decade. This is done during a time when manufacturing in most…