Journal of Economic Studies: Volume 49 Issue 2

Culture and income across countries: evidence from family ties

Sokchea Lim, Simran K. Kahai, Channary Khun

The purpose of the paper is to examine how much difference in income can be explained by familial culture that persists in different societies.

Measuring contagion during COVID-19 through volatility spillovers of BRIC countries using diagonal BEKK approach

Kunjana Malik, Sakshi Sharma, Manmeet Kaur

The outbreak of the coronavirus disease 2019 (COVID-19) pandemic is an unprecedented shock to the BRICS (Brazil, Russia, India, China, South Africa) economy and their financial…

A new method to solve fuzzy stochastic finance problem

Jayanta Kumar Dash, Sumitra Panda, Golak Bihari Panda

The authors discuss the value of portfolio and Black–Scholes (B–S)-option pricing model in fuzzy environment.

Stock market implications of Fed's balance sheet size

Asif M. Ruman

Considering the relationship between the central bank balance sheet and unconventional monetary policy after the 2008 financial crisis, it is crucial to see how the unconventional…

Stock markets' reaction to COVID-19: evidence from the six WHO regions

Anas Ali Al-Qudah, Asma Houcine

This study investigates the effects of the COVID-19 outbreak on daily stock returns for the six major affected WHO Regions, namely: Africa, Americas, Eastern Mediterranean…

The wage premium and market structure: theory and empirical evidence from Chilean manufacturers

Ruohan Wu, Mario Javier Miranda, Meng-Fen Yen

This paper aims to examine how the “wage premium,” the percentage by which wages earned by skilled workers exceed those of unskilled workers, varies across industries…

Does financial inclusion induce poverty, income inequality, and financial stability: empirical evidence from the 54 African countries?

Iftikhar Khan, Ismail Khan, Aziz Ullah Sayal, Muhammad Zubair Khan

The aim of the study is to examine the impact of financial inclusion on poverty, income inequality and financial stability using panel data of 54 African countries.

Self-employment and economic growth in developing countries: is more self-employment better?

Sridevi Yerrabati

The study aims to examine the non-linear relationship between self-employment and economic growth (growth) in the context of developing countries.

Terrorism, innovation and venture capital

Moshfique Uddin, Ashraful Alam, Hassan Yazdifar, Moade Shubita

This paper aims to examine the relationship between terrorism and innovation and the moderating role of venture capital.

The effects of corruption on growth, human development and natural resources sector: empirical evidence from a Bayesian panel VAR for Latin American and Nordic countries

Dante A. Urbina, Gabriel Rodríguez

The purpose of this paper is to analyze the effects of corruption on economic growth, human development and natural resources in Latin American and Nordic countries.

Impact of foreign direct investment and international tourism on long-run economic growth of Estonia

Amin Sokhanvar, Glenn P. Jenkins

International tourism and FDI inflows have generated detectable beneficial impacts on the economy of Estonia in the last decades. However, recently, poor international market…

GDP and population growth: Evidence of fractional cointegration with historical data from 1820 onwards

Luis Gil-Alana, Cecilia Font, Águeda Gil-López

Using data from 1820 onwards in a group of seven countries, namely, Australia, Chile, Denmark, France, the UK, Italy and the USA, the authors investigate if there is a long-run…