Journal of Financial Economic Policy: Volume 11 Issue 2

Optimal bank interest margin under capital regulation: bank as a liquidity provider

Fu-Wei Huang, Shi Chen, Jeng-Yan Tsai

This paper aims to develop a barrier cap option model, i.e. a cap option model where default can occur at any time before the maturity date, to evaluate the equity and the default…

Evidence of leverage effects and volatility spillover among exchange rates of selected emerging and growth leading economies

Ajaya Kumar Panda, Swagatika Nanda, Vipul Kumar Singh, Satish Kumar

The purpose of this study is to examine the evidences of leverage effects on the conditional volatility of exchange rates because of asymmetric innovations and its spillover…

Flight-to-quality and contagion in the European sovereign debt crisis: The cases of Portugal and Greece

Inês Prates Pereira, Sérgio Lagoa

The purpose of this paper is to analyze the co-movements between the Portuguese, Greek, Irish and German government bond markets after the subprime crisis (2007 to 2013), with a…

The relationship between risk, capital and efficiency in Indian banking: Does ownership matter?

Sanjukta Sarkar, Rudra Sensarma, Dipasha Sharma

This paper aims to examine the interplay between risk, capital and efficiency of Indian banks and study how their relationship differs across different ownership types.

The effect of corruption on FDI and its modes of entry

Hiep Ngoc Luu, Ngoc Minh Nguyen, Hai Hong Ho, Vu Hoang Nam

The purpose of this paper is to empirically investigate the impact of corruption on foreign direct investment (FDI) and its two major modes of entry: greenfield investment…

Corruption and inflation: evidence from US states

Hussein Elkamel

The purpose of this paper is to show that states where corruption is greater also have higher levels of inflation.

Has European monetary union influenced the European Union bank lending flows to the EU countries from Central and Eastern Europe?

Donny Tang

The purpose of this study is to modify the gravity model to identify the main determinants of the European Union (EU) bank lending to the Central and Eastern Europe (CEE…

On the drivers of BNDES credit to Brazilian state governments

Paulo Rogério Faustino Matos, Jaime de Jesus Filho

This paper aims to address the discussion on the credit disbursement of US$28.6bn from Brazilian National Economic and Social Development Bank (BNDES) to Brazilian state…