Journal of Economic Studies: Volume 41 Issue 2

Financial development dynamic thresholds of financial globalization: Evidence from Africa

Simplice Asongu

The issue of which financial initial conditions are necessary to materialize the benefits of financial globalization remains open to debate in the literature. In this paper, the…

Threshold effects of exchange rate depreciation and money growth on inflation: Evidence from Indonesia

Rizki E. Wimanda

– This paper aims to investigate the impact of exchange rate depreciation and money growth to the consumer price index (CPI) inflation in Indonesia.

Multivariate modelling of 10-day-ahead VaR and dynamic correlation for worldwide real estate and stock indices

Stavros Degiannakis, Apostolos Kiohos

The Basel Committee regulations require the estimation of value-at-risk (VaR) at 99 percent confidence level for a ten-trading-day-ahead forecasting horizon. The paper provides a…

Does political risk deter FDI inflow?: An analytical approach using panel data and factor analysis

Gour Gobinda Goswami, Samai Haider

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…

Assessing some stylized facts about financial market indexes: a Markov copula approach

Osvaldo Candido Silva Filho, Flavio Augusto Ziegelmann

The aim of this paper is to measure and evaluate the relationship between returns-volatility and trading volume and returns and volatility of financial market indexes using…

Value creation through intellectual capital in developed European markets

Elena Shakina, Angel Barajas

This paper aims to investigate the production function of firms based on the use of intellectual capital. The authors come up with this problem since believe that the new economy…

Determinants of stock exchange integration: evidence in worldwide perspective

Ekaterina Dorodnykh

This paper contains an empirical analysis of determinants of international integration projects over the time period 1995-2010. After a broad discussion of the existent…

Do return and volatility traverse the Middle Eastern and North African (MENA) stock markets borders?

Elie I. Bouri, Georges Yahchouchi

This paper aims to examine the dynamic relationship across stock market returns in Morocco, Tunisia, Egypt, Lebanon, Jordan, Kuwait, Bahrain, Qatar, United Arabic Emirates (UAE)…