Through the application of econometric techniques that can deal with changes in regimes, this thesis attempts to improve our understanding of the monetary transmission mechanism in Malaysia, a developing economy that has undergone tremendous shifts in its economic and financial …
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The theme of this dissertation is Ricardian equivalence, and its objective is to examine the effects of government debt on private consumption expenditures (Essay One), on interest rates (Essay Two), on the current account balance (Essay Three), and on individual intertemporal d…
This dissertation presents evidence on whether, and by what degree, government budget deficits raise interest rates in Turkey, where unprecedented increases in budget deficits have prevailed since the late 1980s. The increasing size of budget deficits and the financing of these …
