Showing 1 - 10 of 78
Purpose – The purpose of this paper is to examine the impact of outward foreign direct investment (FDI) on economic growth. Design/methodology/approach – Two econometric approaches are used: cross-country regressions for a sample of 50 countries and time-series estimators for the USA....
Persistent link: https://www.econbiz.de/10009319780
/methodology/approach – An arbitrage model is developed to determine the possible equilibria for the stock price adjustment, after a dividend …
Persistent link: https://www.econbiz.de/10008481970
/methodology/approach – An arbitrage model is developed to determine the possible equilibria for the stock price adjustment, after a dividend …
Persistent link: https://www.econbiz.de/10014863220
Purpose The purpose of this paper is to identify the arbitrage opportunities between US industry-level credit and stock …. Practical implications The arbitrage and hedging opportunities between stock and credit markets are industry dependent and vary … arbitrage, but not for hedging. Originality/value The paper, for the first time, employs time-frequency approach to assess the …
Persistent link: https://www.econbiz.de/10014864103
Purpose – The purpose of this paper is to contribute further on the twin deficits debate in a developing economy. Design/methodology/approach – The data for Thailand over three decades are used as a case study. Findings – The major findings are: first, a stable, long-run equilibrium...
Persistent link: https://www.econbiz.de/10005081191
Purpose – This paper aims to examine the influence of exchange rate variability on the demand for Malaysia's top five electrical exports as classified by Standard International Trade Classification (SITC) product groups. Design/methodology/approach – The autoregressive distributed lag (ARDL)...
Persistent link: https://www.econbiz.de/10005081198
Purpose – This paper aims to critically examine China's exchange rate policy debate and discuss Chinese financial and capital control reform of recent years. Furthermore, using the empirical results based on a regional general equilibrium model, alternative methods are suggested of addressing...
Persistent link: https://www.econbiz.de/10005081199
Purpose – The purpose of this paper is to examine the relationship between stock prices and exchange rates in 12 OECD countries. Design/methodology/approach – The authors examine the nexus of stock prices and exchange rates for 12 OECD countries by using the vector error correction model,...
Persistent link: https://www.econbiz.de/10010610857
Purpose – The Iranian currency (rial) depreciated on average 12.2 per cent per annum against the US dollar during the period 1960-1998 but, despite continued two-digit rates of inflation, the rial has witnessed only a meagre 1.7 per cent fall in its value in the post-1998 era. This paper seeks...
Persistent link: https://www.econbiz.de/10010610858
Purpose – This paper seeks to draw together the various essential elements of the conflict inflation approach within the context of an open economy and to highlight the importance of global external factors in explaining inflation. Design/methodology/approach – A theoretical framework is...
Persistent link: https://www.econbiz.de/10010610878