The debate over the under-performance or the over-performance of Islamic funds is not over yet. Hence, our literature review exhibits that all the previous works studied the Islamic equity funds without exploring the persistence of their performance, even if this issue is very important to...

During the past decade, Qatar has changed status. A micro invisible state on a world map with a little presence in the regional balance in the Middle East, Qatar has become a cultural power (al-Jazeeras success), diplomatic (the arbiter of political transitions) and financial (QIA). It is...

A partir d’une synthèse des nombreuses études sur la situation économique et politique de ce pays depuis son indépendance, soit de manière directe (études spécifiques sur l’Algérie), soit de manière indirecte (études sur les stratégies de développement des Etat rentiers), nous...

Seemingly, the economic relations have no thing to do with the morality. The economy claims to be able to be a science; yet in th other scientific disciplines one does not arise this type of questions (we do not wonder if the physics of particles is moral either or not or if the composition of...

The present study reinvestigates the impact of corruption on economic growth by incorporating financial development and trade openness in growth model in case of Pakistan.We have used time series data over the period of 1987–2009. We have applied s

Frédéric Teulon

This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...

We contribute to the literature by studying the impact of economic policy uncertainty (EPU) from major net oil importers (USA, Europe and China) on Gulf Cooperation Council (GCC) stock markets. We use panel data methods to estimate different specifications. We find that (i) an increase in EPU...

This paper examines the dynamic relationship between natural gas consumption and economic growth in Pakistan using a multivariate model by including capital and labor as control variables for the period between 1972QI and 2011QIV. The results of the ARDL bound testing indicate the presence of...