Finance & Economics: Recent submissions
Now showing items 341-360 of 407
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Can uncertainty indices predict Bitcoin prices? A revisited analysis using partial and multivariate wavelet approaches
( Elsevier Inc. , 2019 , Article)This paper uses bivariate and multivariate wavelet approaches to revisit the co-movements between the Volatility Uncertainty Index (VIX) and Bitcoin (BTC). This is achieved by accounting for the impacts of the three major ... -
The Impacts of Trade and Financial Developments on Economic Growth in Turkey: ARDL Approach with Structural Break
( Routledge , 2019 , Article)This study examines the impacts of trade openness, financial development, and energy imports on per capita real GDP in Turkey over the 1960–2014 period. The results show that there is evidence of a stable relationship in ... -
Volatility forecasting, downside risk, and diversification benefits of Bitcoin and oil and international commodity markets: A comparative analysis with yellow metal
( Elsevier Inc. , 2019 , Article)This study examines the diversification and hedging properties of Bitcoin (BTC) and gold assets for oil and S&P GSCI investors. We model and forecast the volatility performance of the pairs BTC–oil, gold–oil, BTC–S&P GSCI, ... -
Impact of renewable energy consumption and financial development on CO2 emissions and economic growth in the MENA region: A panel vector autoregressive (PVAR) analysis
( Elsevier Ltd , 2019 , Article)Unlike previous studies in the energy-environment literature, this study employed the panel vector autoregressive (PVAR) model that was developed by Love and Zicchino [1] to examine the impact of renewable energy and ... -
Empirical evidence on the long and short run determinants of health expenditure in the Arab world
( Elsevier B.V. , 2019 , Article)This paper empirically examines the determinants of health care spending for 18 Arab world countries for the period 1995–2015 by using recently developed panel cointegration techniques. We conducted the same estimations ... -
Where does economic growth in the Middle Eastern and North African countries come from?
( Elsevier B.V. , 2019 , Article)This study focus on the debate related to the sources of economic growth to show whether it arises from technological progress, physical or human capital accumulation in a selected Middle Eastern and North African (MENA) ... -
The switching impact of financial stability and economic growth in Qatar: Evidence from an oil-rich country
( Elsevier B.V. , 2019 , Article)This paper investigates the relationship between financial stability and economic growth in the Qatar economy over the period 1980:Q1–2013:Q4. The paper estimates the short- and long-run impact of real GDP growth on real ... -
Tourism, terrorism and political violence in Tunisia: Evidence from Markov-switching models
( Elsevier Ltd , 2019 , Article)This study investigates the impact of terrorist attacks and political violence on the number of tourist arrivals and overnight stays in Tunisia. The dataset employed consists of monthly data that covers the period from ... -
The effect of diversification on risk and return in banking sector: Evidence from the Gulf Cooperation Council countries
( Emerald Group Publishing Ltd. , 2019 , Article)Purpose: The purpose of this paper is to investigate the effect of revenue diversification, non-interest income and asset diversification on the performance and stability of the Gulf Cooperation Council (GCC) conventional ... -
Return and volatility spillovers in the presence of structural breaks: evidence from GCC Islamic and conventional banks
( Palgrave Macmillan Ltd. , 2019 , Article)The dynamics of return and volatility spillover indices were investigated to reveal the strength and direction of transmission that occurred during a financial crisis. The focus of this study was especially placed on the ... -
Corruption and public spending on education and health
( Routledge , 2019 , Article)Existing country and regional studies show that the effect of corruption on public spending on health and education is mixed. This letter reveals that the effect of corruption on health and education spending is significant ... -
Effects of pro-growth policies on employment: evidence of regional disparities
( Routledge , 2019 , Article)The main objective of our research is to study the direct impact of pro-growth economic policies on employment creation globally and regionally, as evidence has countered policy-makers’ expectation that output growth leads ... -
The Impact of Foreign Agricultural Aid and Total Foreign Aid on Agricultural Output in African Countries: New Evidence from Panel Data Analysis
( Blackwell Publishing Ltd , 2019 , Article)Official Development Assistance may play an important role in increasing the resources to finance the agriculture sector and improve agricultural outcomes in African countries. Although this is a relevant issue, very few ... -
Gender effects for loss aversion: Yes, no, maybe?
( Springer , 2019 , Article)Gender effects in risk taking have attracted much attention by economists, and remain debated. Loss aversion—the stylized finding that a given loss carries substantially greater weight than a monetarily equivalent gain—is ... -
Testing for the Granger-causality between returns in the U.S. and GIPSI stock markets
( Elsevier B.V. , 2019 , Article)This paper studies the Granger-causality between the U.S. stock market and five stock markets in so-called ‘debtor countries’ of the European Union: Greece, Ireland, Portugal, Spain and Italy (GIPSI). We consider four novel ... -
Asymmetric impacts of foreign exchange rate on the demand for money in Turkey: new evidence from nonlinear ARDL
( Springer Verlag , 2019 , Article)Using the nonlinear ARDL bounds test for cointegration, this empirical study explores the long and the short run asymmetric impact of exchange rate shocks on the demand for money in Turkey from 1986:Q1 to 2014:Q4. Two ... -
The impact of Sukuk on the performance of conventional and Islamic banks
( Elsevier B.V. , 2019 , Article)This paper examines the impact of Sukuk market development on banks' profitability using a dataset of 71 Islamic banks (IBs) and 146 conventional banks (CBs) spanning 13 countries over the 2003–2014 period. Using a dynamic ... -
Rational functions: an alternative approach to asset pricing
( Routledge , 2019 , Article)This paper shows that asset prices are linear polynomials of various underlying explanatory factors and asset returns being ratios of these polynomials, are rational functions that do not add linearly when averaging. Hence, ... -
Support for smallholder farmers through Islamic instruments: The case of Bangladesh and lessons for Nigeria
( Emerald Group Publishing Ltd. , 2019 , Article)Purpose: In societies with strong presence of Islam, Islamic instruments with more scope for fairness and equity can be innovatively harnessed to play an increasing role in the development process and poverty alleviation ... -
Banking Concentration and Financial Stability. New Evidence from Developed and Developing Countries
( Palgrave Macmillan Ltd. , 2018 , Article)In this paper, we analyze the relationship between banking concentration and financial stability for a sample of 156 developed and developing countries during the period 1980-2011. Our study first examines the direct effect ...