Journal of Financial Economic Policy: Volume 7 Issue 4

The sensitivity of payouts to corporate financing decisions

Edward C. Hoang, Indrit Hoxha

– The purpose of this article is to empirically explore the sensitivity of payouts to cash flows and the other financing decisions, such as debt and investment, of firms.

Macroeconomic fundamentals and dynamics of the Indian rupee-dollar exchange rate

Chandan Sharma, Rajat Setia

– This paper aims to examine the relationship between Indian rupee-US dollar exchange rate and the macroeconomic fundamentals for the post-economic reform period.

Financial and economic stability as ‘two sides of a coin’: Non-crisis regime evidence from the UK based on VECM

Muhammad Ali Nasir, Mushtaq Ahmad, Ferhan Ahmad, Junjie Wu

The purpose of this paper is to provide a different context for considering issues of financial stability and instability, with reference to economic growth and price stability in…

Was there a regulatory approval market for mortgages?

Peggy Crawford, Joetta Forsyth

The purpose of this paper is to examine whether the underserved area requirements for Fannie Mae and Freddie Mac (the government-sponsored enterprises [GSEs]) and the community…

Country risk, stock prices, and the exchange rate of the renminbi

Muhammad Umar, Gang Sun

– The purpose of this study is to analyze the relationship between country risk, stock prices and the exchange rate of the renminbi (RMB) compared to that of the US dollar.

Banks under X-rays: business model choices and trading

Francesca Campolongo, Jessica Cariboni, Nathalie Ndacyayisenga, Andrea Pagano

The purpose of this paper is to do an empirical analysis assessing whether banks highly involved into trading activities show specific business model choices. Key factors in the…

Regulatory capital and its effect on credit growth, non-performing loans and bank efficiency: Evidence from Ghana

Eric Osei-Assibey, Joseph Kwadwo Asenso

This paper aims to investigate the influence of the central bank’s regulatory capital on commercial banks specific performance outcomes such as credit supply, interest rate spread…

China’s shadow banking sector: beneficial or harmful to economic growth?

James R. Barth, Tong Li, Wen Shi, Pei Xu

The purpose of this paper is to examine recent developments pertaining to China’s shadow banking sector. Shadow banking has the potential not only to be a beneficial contributor…

Determinants of systemically important banks: the case of Europe

Jacob Kleinow, Tobias Nell

This paper aims to investigate the drivers of systemic risk and contagion among European banks from 2007 to 2012. The authors explain why some banks are expected to contribute…