Journal of Economic Studies: Volume 49 Issue 1

International capital flows with safe assets accumulation

Ly Dai Hung

The author studies the role of safe assets accumulation in shaping the pattern of international capital flows.

Assessing the 2010–2018 financial crisis in Greece, Portugal, Ireland, Spain, and Cyprus

Kjell Hausken, Jonathan W. Welburn

The article develops a model to interpret the 2010–2018 financial crisis in Greece, Portugal, Ireland, Spain and Cyprus, and the loan programs from the IL (International Lender;…

Determinants of bank profitability: evidence from 47 Asian countries

Abdulazeez Y.H. Saif-Alyousfi

The paper examines the effect of bank-specific, financial structure and macroeconomic factors on the profitability of banks in Asian economies during 1995–2017.

The impact of economic freedom on the gender pay gap: evidence from a survey of UK households

Nicholas Apergis, Nicola Lynch

Using survey datasets, the purpose of this work explores the impact of economic freedom on the gender pay gap in the UK.

Impact of institutional and cultural distances on ASEAN's trade efficiency

Nguyen Khanh Doanh, Linh Tuan Truong, Yoon Heo

This paper aims at assessing the impact of institutional and cultural distances and trade barriers on ASEAN's trade efficiency using a panel data set of 65 countries for the…

Income inequality and financialization: a not so straightforward relationship

Constantinos Alexiou, Emmanouil Trachanas, Sofoklis Vogiazas

The authors explore the impact of financialization on income inequality for a panel of 19 OECD countries over the period 2000–2017. The authors control for the effect of banking…

Was trade openness with China an initial driver of cross-country human coronavirus infections?

Gregory N. Price, Doreen P. Adu

This paper aims to consider if an initial driver of the cross-country global coronavirus pandemic was trade openness with China.

The link between financial stress index and economic activity: prominent Granger causalities across frequencies in Luxembourg

Pejman Bahramian, Andisheh Saliminezhad, Şule Aker

In spite of the certain risk imposed by financial stress on the real economy, the relationship between financial stress and economic activity is complicated and underresearched…

Evaluating survey-based forecasts of interest rates and macroeconomic variables

Athanasios Fassas, Stephanos Papadamou, Dimitrios Kenourgios

This study examines the forecasting performance of the professional analysts participating in the Blue Chip Economic Indicators Survey using an alternative methodological research…

The complex relationship between inflation and equity returns

Jinan Liu, Apostolos Serletis

To investigate the complex relationship between inflation, inflation uncertainty and equity returns.

Output hysteresis in the US: new evidence from a time-varying Verdoorn's law

Pedro Clavijo-Cortes

This study aims to contribute to the current and well-documented phenomenon of hysteresis in the US economy after the Great Financial Recession. Compelling reasons lead me to…

Inefficiency patterns in family-owned banks in Bangladesh

Mette Asmild, Dorte Kronborg, Tasmina Mahbub, Kent Matthews

Multi-directional efficiency analysis (MEA) is an alternative methodology to data envelopment analysis (DEA) that investigates the improvement potentials in each input and output…