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The aim of this paper is to examine the impact of US macroeconomic conditions - namely, exchange rate and short-term interest rate - on the stocks of seven Asian countries (China, India, the Philippines, Malaysia, Singapore, Thailand, and South Korea). Using daily data for the period 2000 to...
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The contribution of tourism to the economic growth of Pacific Island countries (PICs) has achieved significance in the past decade. The shift in the economic policies of the PICs from the late 1980s has been decisively away from import substitution and agriculture to urban-based manufacturing...
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We show that political uncertainty influences corporate investment at the Australian state-level. More specifically, we find that the political party that holds power and replacement of the State Premier are the most important and robust determinants of corporate investment. We also show that...
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