Studies in Economics and Finance: Volume 39 Issue 4

Effects of the COVID-19 pandemic on stock market returns and volatilities: evidence from selected emerging economies

Bijoy Rakshit, Yadawananda Neog

The purpose of this paper is to investigate the effects of exchange rate volatility, oil price return and COVID-19 cases on the stock market returns and volatility for selected…

Stressed assets, off-balance sheet business activities and performance of Indian banking sector: a DEA double bootstrap approach

Mohammad Shahid Zaman, Anup Kumar Bhandari

This paper examines the technical efficiency (TE) of Indian commercial banks during 1998–2015.

Global value chain linkages and domestic value-added content: Empirical evidence

Bhushan Praveen Jangam, Badri Narayan Rath

This paper aims to examine the relationship between global value chains (GVCs) and domestic value-added content (DVA) in a panel of 58 countries for the period 2005–2015.

Remittance–institutional quality nexus: curse or blessing

Zakaria Lacheheb, Normaz Wana Ismail, N.A.M. Naseem, Ly Slesman

This study aims to examine the linear and nonlinear remittance–institutional quality link in developing countries.

The role of institutions in private investment: panel data evidence

Fanyu Chen, Siong Hook Law, Zi Wen Vivien Wong, W.N.W Azman-Saini

This study aims to examine the effects of institutions on private investment (PI) using panel data analysis, where the sample countries consist of 100 countries around the world…

Bank credit allocation and productivity: stylised facts for Portugal

Nuno Azevedo, Márcio Mateus, Álvaro Pina

The linkages between credit allocation and productivity have particular relevance in Portugal. This study aims to investigate whether credit extended by the Portuguese banking…

Managers’ skills and fund flows in the Japanese mutual fund market

Kozo Omori, Tomoki Kitamura

Mutual fund investors assess a fund manager’s skills when allocating their capital. To identify the rationale behind retail investors’ decisions, this study aims to examine the…

Break-even inflation rates: the Italian case

Marco Fanari, Alberto Di Iorio

This work aims to study the break-even inflation rates (BEIRs), a widely used market-based measure of expected inflation. The authors focus on Italian Government bonds, one of the…

Detection of structural regimes and analyzing the impact of crude oil market on Canadian stock market: Markov regime-switching approach

Mohammadreza Mahmoudi, Hana Ghaneei

This study aims to analyze the impact of the crude oil market on the Toronto Stock Exchange Index (TSX).