According to the productivity bias hypothesis countries have a tendency for real appreciation in their domestic currency as a result of a productivity shock and the tendency is more pronounced in the non-tradable sectors. Balassa (1964) examines this thesis for 12 OECD countries in a cross...

Purpose – In today's increasingly globalized world, foreign direct investment (FDI) is a hotbed for discussion. Numerous studies have been undertaken regarding FDI, its determinants and benefits, but very few works provide importance to the effect of political risk on the inflow of FDI. Some...

In addressing the issue of short-run heterogeneity as well as long-run homogeneity of the estimated coefficients in a panel framework, the Pooled Mean Group (PMG) estimator (Pesaran et al., 1999) has gained popularity in applied research in economics and business recently. This estimation method...

The primary purpose of this article is to conduct the Fourier Nonlinear Unit Root Test to check Purchasing Power Parity (PPP) for seven cryptocurrencies traded in seventeen countries from 2010 to 2021. The unit root test provides moderate support to the PPP hypothesis when we use each...

NSU is going to celebrate her recent success in THE ranking 2023. Many of you might be interested in exploring the underlying reasons for successful private-sector higher education in Bangladesh. This recently published research paper may give you some thoughts based on recent research funded by...