This paper studies the impact of credit rating agency (CRA) downgrade announcements on the value of the Euro and the yields of French, Italian, German and Spanish long-term sovereign bonds during the culmination of the Eurozone debt crisis in 2011-2012.GARCH modeling of sovereign bond yields and...

First, we give a concise overview on the nature of Islamic investing by discussing the main opportunities and challenges. Second, we analyze in a thorough empirical study the performance and risk-return characteristics of 145 IEFs over the period January 2000 to February 2009. Third to...

A large portion of the Indonesian population is entering the middle-class as its economy is growing rapidly. Nielsen, a leading media research said that currently, middle class in Indonesia is the third-largest in the world. There are about 74 million middle classes in Indonesia, and this number...

The equalization effects of transfer systems has been the subject of analyses to evaluate the effectiveness of redistribution policies and of the adequacy of revenue sharing mechanisms in providing sub national governments with adequate resources to undertake their public responsibilities....

Establishing a full-fledged input-output tables and carry out various impact and alternative scenarios for socio-economic development of the economy. The modelling approach is based on input-output techniques and methodologies to measure the impact of various policy and scenario alternatives,...

Global warming is in essence an economic and political problem. Greenhouse gas (GHG) emissions contributing to global warming have the same damaging effect regardless of the country in which they originate. All regions of the world are affected regardless of whether and to what extent they...

Integrated assessment models(IAMs) are the primary methodology for climate change policy modeling, since it connect the economic activities with the natural system which is influenced by economic system. In this paper,we present a IAM model and develop policy assessment for mitigation...

The economic condition in each country can be determined based on two ratios. One of them is inflation and the other is economic growth. The inflation level is an indicator of economic stability in the country; however, sustainable development is an indicator of economic development and the...

To identify the impact of external shock focusing on research exchange rate volatility on banking industry, micro level. This important since the response of individual Bank may vary: and as well as their strategy from monetary authority perspective this research can provide a more precise...

Demographic trends and ageing are one of the main factors influencing future trends in the socio-economic development of all European countries included in significant changes in labour market structure. This paper analyse the influence of demographic changes on health care demand based on...