The aim of this study is to examine the relationship among environmental pollution,
economic growth and hydropower energy consumption in the different regimes of the …

The launch of the China's Shanghai International Energy Exchange (INE) oil futures market
in 2018 has shed new light on the role of China in international crude oil market …

This paper examines the pattern of excess liquidity in sub-Saharan Africa and its
consequences for the effectiveness of monetary policy. The paper argues that …

This paper deals with the existence and identification of a common European growth cycle.
Univariate Markov switching autoregressions are used for individual countries in order to …

This paper analyses the role of contagion in the currency crises in emerging markets during
the 1990s. It employs a non‐linear Markov‐switching model to conduct a systematic …

This paper constructs a five-variable Markov switching vector autoregressions (Markov
switching VAR) model based on oil prices, oil aggregate supply, oil aggregate demand …

Tests for business cycle asymmetries are developed for Markov-switching autoregressive
models. The tests of deepness, steepness, and sharpness are Wald statistics, which have …

While there has been a great deal of interest in the modelling of non-linearities and regime
shifts in economic time series, there is no clear consensus regarding the forecasting abilities …

The study focuses on the nonlinear Granger causality between cement production,
economic growth and carbon dioxide emissions by Markov-switching vector autoregressive …

Özet Bu çalışmada, Türkiye ekonomisinde ekonomik büyüme ve işsizlik oranı arasındaki
ilişki Okun yasası çerçevesinde 1988-2008 dönemi için ampirik olarak ortaya konulmuştur …