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Economic theory posits that in a fixed exchange rate regime with unrestricted capital flows, domestic interest rates must track closely those of the country to which the currency is pegged. This paper empirically tests this theory by investigating the sensitivity of interest rates in the Eastern...
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Firms around the globe have enhanced their green credentials as a means of increasing competitiveness and improving firm performance. The literature on firms and news suggests that stock prices of most firms tends to be very responsive to news items in the short-term. However, many green...
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Provided that there is some convergence in the size of firms over time, one should expect smaller firms to grow faster than their larger counterparts. However, if financial constraints influence the firm's investment decision this could have implications for the potential prospects of the firm....
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This study investigates the extent to which persons in the Caribbean utilized internet banking services, the frequency with which such services were used and the factors that influenced the extent and frequency with which internet banking services were used. The study surveys over 3,000...
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