In this paper, the individual stochastic structure of a log of weekly stock indices from Turkey, Israel, Egypt, Morocco and Jordan of MENA markets are investigated. Results from different unit root tests indicate that all five series seem to contain a stochastic trend and thus are nonstationary...

Using a non-parametric methodology, this paper analyzes managerial and scale efficiencies in the Jordanian banking sector over the period 1996-2001. The results indicate that the typical Jordanian bank could obtain significant (input and cost) savings should they catch up with the best practice...