This paper examines the impact of external debt on economic growth in Pakistan over the period 1970–2009. The empirical exploration of the impact of external debt on growth is analyzed allowing external debt to interact with macroeconomic policy index and considering the ratio of multilateral...

Problem-based learning as a teaching tool is now used globally in many areas of higher education. It provides an opportunity for students to explore technical problems from a system-level perspective and to be self-directed life-long learner which is mandatory for equipping engineering students...

As new technologies are emerging, new trends are also emerging in teaching and learning. Technology inclusion in teaching provides alternative ways to deliver education in pursuit of promoting learning. One of the innovative methods is Blended Learning (BL). This method incorporates both, the...

The following study examines the relationship between transformational leadership and employees’ career salience. This research is conducted to answer the question that whether employees’ career salience has association with transformational leadership. This study focuses only on banking...

This paper develops a model of weight assignments using a pseudo-Bayesian approach that reflects investors' behavioral biases. In this parsimonious model of investor sentiment, weights induced by investors' conservative and representative heuristics are assigned to observations of the earning...

By incorporating both majorization theory and stochastic dominance theory, this paper presents a general theory and a unifying framework for determining the diversification preferences of risk-averse investors and conditions under which they would unanimously judge a particular asset to be...

This paper re-examines the performance of REITs, stocks, and fixed-income assets based on the preferences of risk-averse and risk-seeking investors using mean-variance and stochastic dominance approaches. Our findings indicate no first-order stochastic dominance and no arbitrage opportunity...

The technique of ANOVA has widely been used in Economics and Finance where the observations are usually time-dependent but the model itself is treated as independent in time. In this paper, we develop the ANOVA model in which the time dependence assumption is released. We reprise the model with...

Taking a very important role in modern production and management, information technology (IT) becomes a major drive for economic growth to speed up the global economy integration since the 1990s. Due to the leading position of the IT industry of the United States, its IT stock market is thus...

This paper develops the stochastic dominance (SD) tests for risk seekers. We find both MV criterion and CAPM measures unable to draw any conclusive preference between the returns but our SD results show that spot dominates futures in the downside risk while futures dominate spot in the upside...