The objective of this article is to examine the evolution of the global financial markets during the post-World War-II era, when they were in a moribund state. In 1973 quadrupling of oil-prices occurred, which proved to be a seismic economic event that affected the global economy and financial...

This paper examines whether a country’s economic reforms are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are...

Over the past two decades a number of Chinese companies have issued shares on both the Hong Kong Stock Exchange and on one of the Chinese stock exchanges. The Hong Kong-listed H-shares of Chinese dual-listed companies have traded at a persistent discount rate relative to the China-listed...

Bond Volatility Transmissions Between United States and European MarketsSeth KulmanFaculty Sponsor: Gordon Dash, Finance and Decision SciencesRecent events have illustrated the degree of connection between the world’s economies. Economic events occurring in one country are felt in countless...

Statement of Purpose:The purpose of this paper is to examine Macau?s present gaming environment and identify factors that will contribute to the success of a mass gaming market in Macau. The study intends to provide economic justification and tourism policy considerations which support the...

This study tests the assertion that membership growth in credit unions is constrained by their unique structural features, such as their non-profit mission and member-based ownership. Although these features enhance inclusiveness, existing theory suggest that they work against efficiency when...