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Interest rate changes by central banks are a strong monetary policy tool that has a significant impact on the performance of the real economy via various channels. Despite extensive theoretical and empirical studies in this area, the current literature lacks a comprehensive assessment of the...
Papua New Guinea (PNG) has among the worst maternal and child health (MCH) outcomes in the Asia–Pacific region. Improving population access to and use of health services is a key government priority. However, it is unclear from the international evidence whether the observed inverse relationship...
The objective of the paper is to assess the resilience of the economy of Australia following the Covid‐19 pandemic that hit the global economy in Q4 2019, in years 2020, 2021 and 2022. Quarterly growth rates (annualised) of the Real GDP of Australia and Canada are forecasted between Q2 2022 and...
We examine the relationship between research and development (R&D) expenditures and the expected impact of diseases in a simple theoretical framework that allows for intellectual property rights (IPR) protection to be strong or weak. In our theoretical model, an agent forms an expectation of the...
The impact of capital accumulation on job creation is an important and interesting issue in economic development. This model provides a general‐equilibrium framework for studying technology choice with unemployment in a developing economy based on micro‐foundations. Unemployment in the urban...
We test the hedge property of non‐fungible token (NFT) coins against equity market fluctuations and compare it with the hedge property of Bitcoin. We employ daily the returns of Bitcoin; three NFT coins, namely Theta, Enjin Coin and Decentraland, and three equity market indices: S&P 500, NASDAQ...
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