Journal of Financial Economic Policy: Volume 9 Issue 02

Currency demand stability in the presence of seasonality and endogenous financial innovation: Evidence from India

Sunny Kumar Singh

This paper aims to examine the stability of the currency demand function for India with private consumption expenditure, tax–gross domestic product ratio and deposit rate as…

Political stability and FDI in the most competitive Asia Pacific countries

Mamunur Rashid, Xuan Hui Looi, Shao Jye Wong

Competitiveness is vital to attracting FDI into a country, which has led us to investigate the determinants of FDI in the top 15 most competitive countries in the Asia Pacific…

Why RMB should be more flexible

Yoke Yue Kan

This report examines the recent developments and trends relating to the Chinese government’s policy actions and the key issues that determine the choice of exchange rate regime in…

Market linkages and conditional correlation between the stock markets of South and Central America

Ajaya Kumar Panda, Swagatika Nanda

The present study examines the short term dynamism and long term equilibrium relationship between the stock markets of South and Central America. It also aims to capture the…

Impact of federal budget deficits on the ex ante real interest rate yield on Moody’s Baa-rated long-term corporate bonds, 1960-2015

Don Capener, Richard Cebula, Fabrizio Rossi

To investigate the impact of the federal budget deficit (expressed as a per cent of the Gross Domestic Product, GDP) in the US on the ex ante real interest rate yield on Moody’s…

Growth-enhancing economic freedom

Sriparna Ghosh, Bryan C. McCannon

We explore how economic freedom measurements can be used to guide policy.

The optimal LTV-ratio, mortgage market variability and monetary policy regimes: A demand-side perspective

Trond Arne Borgersen

The purpose of this paper is twofold: first, it derives the optimal loan-to-value (LTV)-ratio for a mortgagor that maximizes the return to home equity when considering the capital…