This chapter contributes to the empirical finance literature on modeling co-movement in financial markets by considering the case of the BRIC countries during the subprime crises. To overcome the problem of the time-varying ...

This chapter provides an assessment of the impact of the major political and institutional factors on establishing new businesses in the State of Qatar in the long run using the autoregressive distributed lag (ARDL) model. ...

Since the 2007–2008 Global Financial Crisis, income inequality and income distribution matters have gained increasing attention not only in academia but also from professionals in advanced economies. Mainstream economists ...

Within the mandate of their national visions, GCC countries have announced several strategies to expand their manufacturing, tourism and financial activities (economic diversification). However, the path towards the ultimate ...

Inflation and its dynamics have been always capturing the attention of economic scholars and policymakers worldwide. Numerous theories in economic literature tried to define the concept of inflation by suggesting different ...

The financial sector's role in economic growth is heavily contested by economists. Some argue that economic growth is not caused by finance, but that it responds to changing demands, while others argue the positive effect ...

In the past decades, international remittance inflows have significantly increased in developing nations. Their importance is being acknowledged due to their scale and growth, which makes them stand out on an aggregate and ...

The relationship between natural resource wealth and economic growth has been extensively studied. As opposed to basic intuition, the results of several empirical studies suggest that vast natural capital endowments don’t ...

In this article, we examine the role of financial development as a channel through which migrants’ remittances could affect economic growth in selected countries of the MENA region.

This investigation aims to explore the causal nexus between governance indicators and income inequality for 15 emerging countries for the period 2002–2019. This study focuses on developing countries because income inequality ...