This paper examines the role of institutions (including civil law origin), financial deepening and degree of regime authority on growth rates in the Middle East and North Africa (MENA) region using panel data through a fixed effect model. The results reveal that English civil law origin and the...

Gold is an attractive investment vehicle for many people. Some risks of in investing in gold are surveyed. The price of gold and its fluctuation are examined which raises the concern to all short and long-term investors in gold. This prompts us to study what drives the price movements of gold....

Using a sample of Arab, U.S., and emerging stock markets from 1997-2002, this study is designed to determine if international diversification is still possible despite growing globalization and the consequent integration among various stock markets. Our results show that within Arab markets,...

This paper examines the economic ramifications of the recent political reconfigurations that the MENA region witnessed, commonly known as the Arab Spring, utilizing MENA countries data during period 2005-2016. Using the Arellano-Bond dynamic panel estimation, the paper estimates a growth model...

The classic economic order quantity inventory model assumes that all items received from a seller are perfect in quality. Payment for the items is presumed made at the inventory cycle's start, when the materials are received. This paper considers a system of inventory control where we receive...

This paper focuses on the finance-development nexus investigating the role of financial deepening and trade openness in general and several macroeconomic variables in the economic development of Kenya. Using a vector error-correction model, the paper tries to determine the causal relationships...

History shows that prohibition diminishes the supply of capital and raises its returns. However, for value-added investors such as private equity investments, regulation potentially reduces capital quality. The regulatory measures introduced in Basel II Capital Framework and in the EU Capital...