Similar Search Results

Spillover Effects among the Greater China Region Stock Markets

Johansson, Anders C; Ljungwall, Christer - East Asian Bureau of Economic Research (EABER) - 2006

This paper explores the linkages between the different stock markets in the Greater China region. Cointegration tests indicate that the three markets are not cointegrated. A vector-autoregressive multivariate conditional volatility model that accounts for asymmetric volatility effects is used to...

Persistent link: https://www.econbiz.de/10009365377

Stock Market Liberalisations in the South Asian Region

Husain, Fazal; Qayyum, Abdul - East Asian Bureau of Economic Research (EABER) - 2006

This study attempts to conduct an investigation of the characteristics of the South Asian stock markets including the effects of the opening of these markets. These markets were liberalised in early 1990s as a part of the economic reforms started in theSouth Asian region about two decadesago....

Persistent link: https://www.econbiz.de/10009365401

Stock Market Co-Movement and Exchange Rate Flexibility : Experience of the Republic of Korea

Park, Yung Chul; Park, Hail - East Asian Bureau of Economic Research (EABER) - 2014

This paper argues that for countries where equity investments dominate cross-border capital flows, the proper framework for analyzing the role of a flexible exchange rate system as a buffer against external shocks is the uncovered stock return parity condition, rather than the uncovered interest...

Persistent link: https://www.econbiz.de/10010901623

Stock Market Co-Movement and Exchange Rate Flexibility : Experience of the Republic of Korea

Park, Yung Chul; Park, Hail - East Asian Bureau of Economic Research (EABER) - 2014

Persistent link: https://www.econbiz.de/10010901626

The Vanishing Role of Money in the Macroeconomy - An Empirical Investigation Based On Spectral and Wavelet Analysis

Nachane, D. M.; Dubey, Amlendu Kumar - East Asian Bureau of Economic Research (EABER) - 2008

The recent de-emphasizing of the role of money in both theoretical macroeconomics as well as in the practical conduct of monetary policy sits uneasily with the idea that inflation is a monetary phenomenon. Empirical evidence has, however, been accumulating, pointing to an important leading...

Persistent link: https://www.econbiz.de/10009365497

The Causal Relationship between Trade and FDI : Implication for India and East Asian Countries

Cho, Choongjae - East Asian Bureau of Economic Research (EABER) - 2013

showed one-way or two-way causality, respectively. The estimation suggests that the causal relationship between trade and FDI …

Persistent link: https://www.econbiz.de/10011278096

Corporate Governance Changes in Pakistanââ‚¬â„¢s Banking Sector : Is There a Performance Effect?

Burki, Abid A.; Ahmad, Shabbir - East Asian Bureau of Economic Research (EABER) - 2007

commercial banks. We use stochastic cost frontier and panel data methods for an unbalanced panel data of Pakistani banks from …-term trends. Our results show that privatization and government restructuring of state-owned banks lead to substantial short …-term efficiency losses, but their performance generally improves over time when these banks adjust and adapt to the new competitive …

Persistent link: https://www.econbiz.de/10009363274

Corporate Governance in the Financial Sector of Pakistan

Chaudary, Faiza A.; Goergen, Marc; Syed, Shoeb I. - East Asian Bureau of Economic Research (EABER) - 2006

paper analyses the banks ownership and control structure. It finds that Pakistan has its own idiosyncrasies, which are …

Persistent link: https://www.econbiz.de/10009365050

Determinants of Interest Spread in Pakistan

Khawaja, Idrees; Din, Musleh-ud - East Asian Bureau of Economic Research (EABER) - 2007

29 banks. The results show that inelasticity of deposit supply is a major determinant of interest spread whereas industry … concentration has no significant influence on interest spread. One reason for inelasticity of deposits supply to the banks is the …

Persistent link: https://www.econbiz.de/10009365463

Sustainable Development Framework for Local Governance

Cabalfin, Michael R.; Yap, Josef T. - East Asian Bureau of Economic Research (EABER) - 2008

Over the past sixty years, the concept of development has expanded from economic growth and investment, to poverty reduction, human development, sustainable development, and more recently to institutional development. There has also been a fresh look at industrial policy and the role of the...

Persistent link: https://www.econbiz.de/10009363294