In this paper we investigate the macro-economic equilibria of an economy in which credit contracts have both adverse selection and incentive effects. The terms of credit contracts include both an inte
In the aftermath of the Great Recession, there is a growing consensus, even among central bank officials, concerning the limitations of monetary policy. This paper provides an explanation for the inef
The FAO Macro-Economic Indicators database provides country and regional-level macroeconomic indicators related to the total economy, agriculture, forestry, fishing, manufacturing, and specific sub-in
This study delves into the dynamic interrelationships among key economic indicators of Bangladesh from 1977 to 2022, employing a Vector Error-Correction Model (VECM) approach.
