This paper argues that for economies that have structural rigidities and irregularities, the received knowledge of equilibrium in the demand and supply of money should be interrogated. The paper proposes a third variable – equilibrium bias – to test its significance. Using quarte...
Open access
Research Article10.9734/AJEBA/2017/35169
The aim of this paper is to identify the problem of dubious or fake Offset projects in the voluntary carbon market. Using primary data gotten from questionnaires sent out to 190 respondents in 2016, with the aid of descriptive analysis the results show overwhelmingly evidence tha...
Open access
Research Article10.9734/ACRI/2017/35070
Malaysia’s external debt has been on an increase, which has become a national concern. Data used for this study was from 1970 to 2013. The VECM results showed that external debt had no transitory but a permanent relationship with the determinant variables. Exchange rate, recurren...
Open access
Research Article10.9734/AJEBA/2017/35031
This study investigated if Nigeria’s economic managers’ complied with expenditure budgeting and disclosure laws as contained in the Fiscal Responsibility Act. For the purpose of this analysis, an index of fiscal rascality was used to establish evidence of adherence (or non-adhere...
Open access
Research Article10.9734/AIR/2017/35138