In an otherwise unique-equilibrium model, agents are segmented into a few informational islands according to the signal they receive about others' expectations. Even if agents perfectly observe fundamentals, rational-exuberance equilibria (REX) can arise as they put weight on expectational...

A worldwide emergency has been proclaimed by the World Health Organization because of the global spread of COVID-19. The study examines the consequences of the pandemic on GDP, employment, inflation, stock market, and external sector performance in Sri Lanka, as well as poverty. COVID-19 news...

Water is the most valuable natural resource. The growing existence gap between Irrigation Potential Created (IPC) and Irrigation Potential Utilized (IPU) important issue for the Indian government in the perspective of supply of safe drinking water, demand for industrial and agricultural purpose...

This paper will demonstrate what china was doing, is doing and will do for its economic expansion during and after global crisis. Many thoughts and theories about Chinese economic reforms are analyzed. The road map and goal of Chinese economic growth are examined and outlined in this paper. How...

The macro economic stabilisation in Azerbaijan has been successful. Following cessation of conflict with Armenia, and decline of GDP by 60 per cent from 1990 to 1995, the government in effect implemented a big-bang reform process in 1995. The inflation rate has now declined to the lowest rate of...

It has been widely accepted that economic globalization is inevitable, and that globalization plays an increasingly important role in determining relative economic growth among countries. Considerable studies have addressed that increased in globalization or trade liberalization is directly or...

This study attempts to examine the dynamics and trajectories of tourism, agriculture, import, textiles. COVID-19 collected data from Asian countries and recognized websites the during the eruption. Although sri lanka and other countries will be self-sufficient by the end of 2019 by 2020,...

The World Health Organization has declared COVID-19 a global emergency. It examines the impact of the pandemic on Sri Lanka’s economy and poverty. Information about COVID-!9 was gathered and analysed from national and international research initiatives, as well as news articles about COVID-19,...

Using new data on returns and risk factors the paper considers the stock performance on the Japanese market, which is the second largest in the world and operates under unique macroeconomic conditions. We find that the CAPM model is not an adequate approach for the Japanese market. The Carhart...

Using new data on returns and risk factors the paper considers the stock performance on the Japanese market, which is the second largest in the world and operates under unique macroeconomic conditions. We find that the CAPM model is not an adequate approach for the Japanese market. The Carhart...