Journal of Economic Studies: Volume 49 Issue 6

Nonlinearities and asymmetric adjustment to PPP in an exchange rate model with inflation expectations

Christina Anderl, Guglielmo Maria Caporale

This paper aims to explain real exchange rate fluctuations by means of a model including both standard fundamentals and two alternative measures of inflation expectations for five…

Monetary and macroprudential policies in the presence of external shocks: evidence from an emerging economy

Alexander Lubis, Constantinos Alexiou, Joseph G. Nellis

This paper examines the impact of using the reserve requirements, combined with foreign exchange (FX) intervention, as key instruments in an inflation-targeting framework.

Share price informativeness and dividend smoothing behavior in GCC markets

Razaz Felimban, Sina Badreddine, Christos Floros

This paper examines the dividend smoothing (DS) behaviour in the Gulf Cooperation Council (GCC) countries in emerging markets where the response to news and the economic…

Testing the convergence and the divergence in five Asian countries: from a GMM model to a new Machine Learning algorithm

Cosimo Magazzino, Marco Mele, Nicolas Schneider

The purpose of this paper is to empirically test the economic convergence that operate between five selected Asian countries (namely Thailand, Singapore, Malaysia, the Philippines…

Nexus between oil price uncertainty and corporate social responsibility: evidence from US firms

Guenichi Hassen, Khalfaoui Hamdi

This paper examines the effect of oil price uncertainty on corporate social responsibility (CSR) for 507 US firms over the period 1985–2019.

Natural resources, institutions and the quality-adjusted human capital

Soran Mohtadi

The purpose of this paper is to investigate the resource rents–quality-adjusted human capital nexus and the impact of quality of institutions.

Model selection in time series analysis: using information criteria as an alternative to hypothesis testing

R. Scott Hacker, Abdulnasser Hatemi-J

The issue of model selection in applied research is of vital importance. Since the true model in such research is not known, which model should be used from among various…

Banking market structure and efficiency: an assessment of the USA and Canada

Salah U-Din, David Tripe

The study aims to analyze the changes in banking market structure and their impact on the bank efficiency.

Public debt management and the interaction between fiscal and monetary policies

Wellington Charles Lacerda Nobrega, Cássio da Nóbrega Besarria, Edilean Kleber da Silva Bejarano Aragón

This paper aims to investigate the existing relations between the management of public bonds on the dynamics of debt, term structure of interest rates and economic cycle, through…

Effect of multilateral trade liberalization on services export diversification

Sena Kimm Gnangnon

This study investigates the effect of multilateral trade liberalization on services export diversification with a view to complementing the recently published work on the effect…