Papers by MUHAMMAD ZUBAIR CHISHTI
For the past two decades, the body of literature on environmental economics hosts several environ... more For the past two decades, the body of literature on environmental economics hosts several environmental problems and highlights their causes, calling for immediate action on environmental pollution. In this context, the current article extends the literature by developing a new model that links macroeconomic (fiscal and monetary) policies, aggregate domestic consumer spending per capita, fossil fuel consumption, and renewable energy consumption with carbon dioxide emissions in BRICS economies from 1985 to 2014. The Kao and Westerlund cointegration tests' outcome confirm the long-run association among the variables. The panel ordinary least squares (OLS), dynamic OLS, fully-modified OLS, and pooled mean group (PMG) panel autoregressive distributed lag (ARDL) estimators reveal the following main findings. First, the expansionary fiscal policy intensifies the harmful repercussions of CO2e. However, contractionary fiscal policy serves as an effective measure to mitigate the detrimental effects of CO2e. Second, expansionary and contractionary monetary policies also deteriorate and ameliorate environmental quality, respectively. Third, aggregate domestic consumer spending and fossil fuels exhibit a positive association with pollution. Fourth, renewable energy enhances the atmospheric quality by disrupting CO2e. The Granger causality test is also applied to confirm the causal relationship between the variables. Based on the current results, the article suggests some salient implications for authorities to design effective policies and plans for curtailing CO2e.
1945-A nonlinear time series workshop : a toolkit for detecting and identifying nonlinear serial ... more 1945-A nonlinear time series workshop : a toolkit for detecting and identifying nonlinear serial dependence I by Douglas M.Patterson, Richard A.Ashley. p.cm.--(Dynamic modeling and econometrics in economics and finance; v.2) Includes bibliographical references and index. ISBN 978-1-4613-4665-4 ISBN 978-1-4419-8688-7 (eBook)
This Instructor's Manual is designed to accompany the second edition of Walter Enders' Applied Ec... more This Instructor's Manual is designed to accompany the second edition of Walter Enders' Applied Econometric Time Series (AETS). As in the first edition, the text instructs by induction. The method is to take a simple example and build towards more general models and econometric procedures. A large number of examples are included in the body of each chapter. Many of the mathematical proofs are performed in the text and detailed examples of each estimation procedure are provided. The approach is one of learning-by-doing. As such, the mathematical questions and the suggested estimations at the end of each chapter are important. In addition, it is useful to have students perform the type of semester project described at the end of this manual.
This successful text, now in its second edition, offers the most comprehensive overview of moneta... more This successful text, now in its second edition, offers the most comprehensive overview of monetary economics and monetary policy currently available. It covers the microeconomic, macroeconomic and monetary policy components of the field. The author also integrates the presentation of monetary theory with its heritage, stylized facts, empirical formulations and econometric tests.
The word 'demand' is so common and familiar with every one of us that it seems superfluous to def... more The word 'demand' is so common and familiar with every one of us that it seems superfluous to define it.
Books by MUHAMMAD ZUBAIR CHISHTI
This Instructor's Manual is designed to accompany the second edition of Walter Enders' Applied Ec... more This Instructor's Manual is designed to accompany the second edition of Walter Enders' Applied Econometric Time Series (AETS). As in the first edition, the text instructs by induction. The method is to take a simple example and build towards more general models and econometric procedures. A large number of examples are included in the body of each chapter. Many of the mathematical proofs are performed in the text and detailed examples of each estimation procedure are provided. The approach is one of learning-by-doing. As such, the mathematical questions and the suggested estimations at the end of each chapter are important. In addition, it is useful to have students perform the type of semester project described at the end of this manual.
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Papers by MUHAMMAD ZUBAIR CHISHTI
Books by MUHAMMAD ZUBAIR CHISHTI