Many empirical studies find a negative correlation between the returns on the nominal spot exchange rate and the lagged forward discount. This forward discount anomaly implies that the current forward rate is a biased predictor of the future spot rate. A large number of studies in the existing...

This study employs the SAM-based model combining with multiplier product matrix and field of influence approaches. Under three input-output transaction table matrices of the years 2005, 2010, and 2015, these approaches assess the dynamic tourism inter-industry linkages and structural economic...

Purpose - This study proposes a Bayesian approach to analyze structural breaks and examines whether structural changes have occurred, at the onset of civil war, with respect to economic development and population during the period from 1945 to 1999. Design/methodology/approach - In the Bayesian...