Journal of Economic Studies: Volume 43 Issue 6

Competition and efficiency in the non-life insurance market in South Africa

Abdul Latif Alhassan, Nicholas Biekpe

The purpose of this paper is to examine the empirical effect of competition on cost and profit efficiency in the South African non-life insurance market in a three-stage analysis.

The role of institutions in output growth volatility-financial development nexus: A worldwide study

Ibrahim Dolapo Raheem, Kazeem Bello Ajide, Oluwatosin Adeniyi

The purpose of this paper is to investigate the role of institutions in the financial development-output growth volatility nexus. It provides new channels through which financial…

The pattern of exchange rate co-movement in selected African countries

Emmanuel Carsamer

The concept of co-movement has witnessed a resurgence in the international finance literature in recent years after the black swan events. This might be due to a renewed focus on…

The weekend effect: an exploitable anomaly in the Ukrainian stock market?

Guglielmo Maria Caporale, Luis Alberiko Gil-Alana, Alex Plastun

The purpose of this paper is to provide some new empirical evidence on the weekend effect (one of the best known anomalies in financial markets) in Ukrainian futures prices. The…

Brazil: monetary policy and the neutral interest rate

Cleomar Gomes da Silva, Rafael Cavalcanti de Araújo

The purpose of this paper is to analyze the conduct of monetary policy in Brazil and estimate the country’s neutral real interest rate.

Inflation persistence and structural breaks: The experience of inflation targeting countries and the USA

Giorgio Canarella, Stephen M. Miller

The purpose of this paper is to report on a sequential three-stage analysis of inflation persistence using monthly data from 11 inflation targeting (IT) countries and, for…

The quantitative easing effect on the stock market of the USA, the UK and Japan: An ARDL approach for the crisis period

Luiz Lima, Claudio Foffano Vasconcelos, Jose Simão, Helder Ferreira de Mendonça

The purpose of this paper is to analyze if the unconventional monetary policy, known as quantitative easing (QE) practiced by central banks in the USA, the UK, and Japan was…

Efficiency of Australian superannuation funds: a comparative assessment

Yen Hoang Bui, Delpachitra Sarath, Abdullahi D. Ahmed

The purpose of this paper is to measure efficiency of superannuation funds using data envelopment analysis (DEA), using data related to financial performance of superannuation…

Domestic and imports sources of supply to the US shrimp market and anti-dumping duties

Akbar Marvasti, David W. Carter

The purpose of this paper is to provide an economic analysis of the sources of supply to the US shrimp market.

Exposure to external shocks and economic resilience of countries: evidence from global indicators

Lino Pascal Briguglio

The purpose of this paper is to revise, update and extend the economic vulnerability and economic resilience indices, where economic vulnerability is associated with inherent…