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Many global shocks, including the renegotiation of NAFTA, the United States–China trade war, the Brexit, and the COVID-19 pandemic, may have recently influenced the inflation spillover in the G7 countries. The current literature overlooks the influence of these important events on the inflation spillover of the G7 countries. This study fulfills this gap and investigates the nature of inflation spillover in the short, medium, and long term. Using the monthly data from 1956:6 to 2020:12, the study finds that Japan and the United States are the main transmitters of inflation. International trade, purchasing power parity, low-cost technology, and the Abenomics policy were found to be responsible for the inflation spillover. We suggest that the central banks of these countries collaborate to achieve the targeted inflation rate.

Contribution/ OriginalityThe contribution of this paper is to find the Quadratic U shaped labor supply function for women of Bangladesh Economy over the period 1991-2012. Women are mostly economically active in the manufacturing sector, along with service and agricultural sectors. This paper estimates the level of per capita GDP beyond which the U Curve bends upward. Time series evidence adheres to the notion that female labor force participation expedites Economic growth of Bangladesh.

This paper investigates the factors responsible for Environmental degradation in terms of higher Carbon dioxide and Nitrous oxide emission over the period 1981 – 2011 for Bangladesh and India from data of World development indicator. Industrialization and greenhouse gas are major contributing factors identified for deteriorating the air quality in Bangladesh and India respectively. Concentration of population in urban areas increases carbon emission and economic globalization reduces Nitrous oxide emission in both economies. Estimation results of reduced from equation for CO2 emission provides support in favour of inverted U and N shaped Kuznets curve for India which is robust to using dynamic specification. For Bangladesh the shape is Inverted U but this is not robust to using dynamic model. In quadratic approach to Kuznets curve energy consumption does play an important role for increased carbon emission in India but not in Bangladesh.