Abstract:Environmental degradation, inflation, and unemployment are unquestionably among the current global issues. However, there has not been an in-depth investigation of how unemployment and inflation rates impact environmental quality. This study uses the Panel NARDL model methodology to investigate how the environment (proxied by CO2 emissions) reacts to asymmetric shocks in inflation and unemployment rates. In addition to determining whether the environmental Phillips curve (EPC) hypothesis holds true in the cont… Show more
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