...Muzffar Hussain Dar; Md Zulquar Nain Purpose This study aims to examine the stochastic conditional convergence of financial development (FD) using both time series and panel frameworks for emerging South Asian countries over the period 1990–2020. In contrast to existing studies that predominantly...

... (2008) shows that there is a temporary increase in the interest rate, which normally takes four quarters to converge to its normal path. However, his analysis does not provide any statistically significant evidence of the exchange rate puzzle or price puzzle. To carry out our empirical...

... sector policy targets economic performance in terms of GDP growth. The author also provides the speed of convergence and time required to achieve a 100 percent convergence. Findings But for financial intermediary size within the CFA zone, findings, for the most part, support only unconditional...