The study analyzes the impact of terrorism on Malaysia's tourism demand. A panel FMOLS is employed based on quarterly data from 25 top source countries. The findings indicate that an increase in terrorism events and fatalities in Malaysia negatively impact international arrivals, while an uptick...

The study uses rolling regressions, both at global and country level, to analyze the impact of daily COVID-19 case numbers on four (Panic, Sentiment, Media coverage, and Fake news) indices. The indices are obtained from the Ravenpack Finance, while the daily COVID-19 cases and the policy...

We study the consequences of forming a monetary union among a group of countries where the central banks lack independence and are pressured frequently to accommodate government objectives. This is a common situation in the developing countries. As it is common in the literature, we show that...

This paper uses VAR techniques to investigate the potential for forming monetary unions in Eastern and Southern Africa. All countries in the sample are members of various regional economic organizations. Some of the organizations have a monetary union as an immediate objective whereas others...