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Outputs (73)

Financial deepening and economic growth (2014)
Journal Article
Bhattarai, K. (2015). Financial deepening and economic growth. Applied economics, 47(11), 1133-1150. https://doi.org/10.1080/00036846.2014.993130

The core of Shapley-Shubik games and general equilibrium models with a Venn diagram is applied for a theory on the role of real finance in economic growth among advanced economies. Then the dynamic computable general equilibrium (DCGE) models for Ger... Read More about Financial deepening and economic growth.

Equilibrium unemployment in a general equilibrium model with taxes (2014)
Journal Article
Bhattarai, K., & Dixon, H. (2014). Equilibrium unemployment in a general equilibrium model with taxes. The Manchester school, 82(Supplement S1), 90-128. https://doi.org/10.1111/manc.12066

The ratio of unemployed to vacancies has risen sharply in the UK after the recession of 2008/09. How harmful is it for the long run growth, equity and efficiency and what sorts of long run cycles does it generate in the economy? With a dynamic comput... Read More about Equilibrium unemployment in a general equilibrium model with taxes.

Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model (2013)
Journal Article
Bhattarai, K., & Mallick, S. (2013). Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model. North American journal of economics and finance, 25, 40-59. https://doi.org/10.1016/j.najef.2013.03.001

Ricardian dynamic general equilibrium analyses show that under free trade arrangements a low income country with lower wage cost and large endowment of labour has comparative advantage in trade. Efficiency gains from this enhance economic growth and... Read More about Impact of China's currency valuation and labour cost on the US in a trade and exchange rate model.

Government bias in education, schooling attainment, and long-run growth (2012)
Journal Article
Bhattarai, K., & Basu, P. (2012). Government bias in education, schooling attainment, and long-run growth. Southern Economic Journal, 79(1), 127-143. https://doi.org/10.4284/0038-4038-79.1.127

A surprising cross-country stylized fact is that higher public spending on education tends to lower the long-run growth rate of per capita GDP and the returns to schooling. This is contrary to the conventional wisdom that education is a major driver... Read More about Government bias in education, schooling attainment, and long-run growth.

Brain gain (drain), immigration and global network: Nepalese students in the UK (2011)
Journal Article
Bhattarai, K. (2011). Brain gain (drain), immigration and global network: Nepalese students in the UK. International Journal of Economic Policy in Emerging Economies, 4(4), 345-365. https://doi.org/10.1504/IJEPEE.2011.043309

Nepalese students in UK are struggling to balance tuition and other expenses in the short-run and for the gainful employment in the long run. The opportunity cost of emigration in a labour surplus economy of Nepal is very little in comparison to bene... Read More about Brain gain (drain), immigration and global network: Nepalese students in the UK.

Impact of exchange rate and money supply on growth, inflation and interest rates in the UK (2011)
Journal Article
Bhattarai, K. (2011). Impact of exchange rate and money supply on growth, inflation and interest rates in the UK. International Journal of Monetary Economics and Finance, 4(4), 355-371. https://doi.org/10.1504/IJMEF.2011.043400

Growth rates, inflation and interest rates are determined simultaneously in the UK. Depreciations of Sterling pounds contribute to the growth by enhancing international competitiveness. Inflation from the growth of money, depreciation of Sterling and... Read More about Impact of exchange rate and money supply on growth, inflation and interest rates in the UK.

General equilibrium impacts of monetary and fiscal policies on welfare of households in South Asia (2011)
Journal Article
Bhattarai, K. (2011). General equilibrium impacts of monetary and fiscal policies on welfare of households in South Asia. Review of development economics, 15(4), 745-757. https://doi.org/10.1111/j.1467-9361.2011.00640.x

Impacts of fiscal and monetary policies are assessed in an open economy two sector multi-household general equilibrium tax model with money for South Asia. Despite impressive growth rates there is evidence for alarming gaps in the distribution of inc... Read More about General equilibrium impacts of monetary and fiscal policies on welfare of households in South Asia.

Cognitive Skills, Openness and Growth (2011)
Journal Article
Bhattarai, K., & Basu, P. (2012). Cognitive Skills, Openness and Growth. Economic Record, 88(280), 18-38. https://doi.org/10.1111/j.1475-4932.2011.00764.x

A significant positive relationship exists between the ratios of trade and educational spending to gross domestic product, implying that countries which are more open on the trade front also spend more on education. An open economy endogenous growth... Read More about Cognitive Skills, Openness and Growth.

Trade, growth and poverty in South Asia (2011)
Book Chapter
Bhattarai, K. (2011). Trade, growth and poverty in South Asia. In R. Jha (Ed.), Routledge Handbook of South Asian Economics (258-276). Routledge. https://doi.org/10.4324/9780203827796.ch17

How trade promotes growth and how growth helps to reduce poverty has achieved some attention in the literature. Export-oriented growth strategy has transformed several East Asian countries including South Korea, Taiwan, Singapore and Hong Kong within... Read More about Trade, growth and poverty in South Asia.