Master of Arts

This paper uses a range of structural VARs to show that the response of US stock prices to fiscal shocks changed in 1980. Over the period 1955-1979 an expansionary spending or revenue shock was associated with modestly higher stock prices. After 1980, along with a decline in the fiscal...

This paper uses a range of structural VARs to show that the response of US stock prices to fiscal shocks changed in 1980. Over the period 1955-1980 an expansionary spending or revenue shock was associated with modestly higher stock prices. After 1980, along with a decline in the fiscal...

The goal of public investment in education is to create the skills and attitudes needed for higher levels of productivity and growth. Whether or not such goals would be achieved will depend not only on the amount of resources invested, but also on the efficiency with which the inputs are...

Based on a group of variables and data collected during the period from the beginning of 2009 to the end of 2017, the paper analyzes the determinates of Egyptian bank’s profitability, using the Seemingly Unrelated Regression model (SUR). The dependent variables are return on assets and return...

The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...