Journal of Economic Studies: Volume 47 Issue 7

A survey of empirical findings on unconventional central bank policies

Stephanos Papadamou, Costas Siriopoulos, Nikolaos A. Kyriazis

This paper presents an integrated overview of the empirical literature on the impact of all forms of unconventional monetary policy on macroeconomic variables and on markets.

The nexus of trade-weighted dollar rates and the oil prices: an asymmetric approach

Abdulnasser Hatemi-J, Youssef El-Khatib

This paper investigates the dynamic relationship between the trade-weighted dollar exchange rates and the oil prices in the world market. Monthly data during 1980–2017 are used…

Performance measurement of gas companies with fixed-sum inputs: a DEA-based model

Hamzeh Amirteimoori, Alireza Amirteimoori, Mahdi Karbasian

The paper analyzes the relative performance of provincial gas distribution companies with different types of inputs and outputs. A data envelopment analysis (DEA)-based model is…

Misallocation and reallocation of resources in Vietnamese manufacturing firms

Phuong Thi Nguyen, Minh Khac Nguyen

This research identifies the level of misallocation in Vietnamese manufacturing sector for the period 2000–2015. Meltiz and Polanec dynamic productivity decomposition is used to…

Asymmetric impact of exchange rate pass-through into employees' wages in sub-Saharan Africa: panel non-linear threshold estimation

Idris Abdullahi Abdulqadir, Soo Y. Chua

The purpose of this article is to investigate the asymmetric impact of exchange rate pass-through (ERPT) on employees' wages via consumer prices in 15 major oil-exporting…

Estimating effect of marriage on male wages in Russia

Elena Kossova, Bogdan Potanin, Maria Sheluntcova

Purpose of the article is to investigate the effect of marriage on male wages in Russia. The paper provides insight about contribution of observed and unobserved factors to wages…

Effects of crime and violence on business confidence: evidence from Rio de Janeiro

André Filipe Guedes Almeida, Gabriel Caldas Montes

Due to the fact that crime and violence affect the economy and the business environment, and since the economic environment affects entrepreneurs' expectations and therefore their…

Harnessing foreign aid for the poor: role of institutional democracy

Eric Akobeng

This paper examines the relationship between foreign aid, institutional democracy and poverty. The paper explores the direct effect of foreign aid on poverty and quantifies the…

Intellectual capital and technical efficiency of banks in an emerging market: a slack-based measure

King Carl Tornam Duho

This paper investigates the impact of intellectual capital and its components on slack-based technical efficiency (SBM-TE) of banks.

The impacts of foreign direct investment and globalisation on economic growth in West Africa: examining the role of political governance

Waliu Olawale Shittu, Hammed Agboola Yusuf, Abdallah El Moctar El Houssein, Sallahuddin Hassan

This paper measures the impacts of foreign direct investment (FDI), globalisation and political governance on economic growth in West Africa. The empirical analysis also includes…

The convergence of carbon dioxide emissions: a survey of the empirical literature

James E. Payne

This survey of the literature on the convergence of carbon dioxide (CO₂) emissions informs researchers on areas for future research by summarizing the countries examined, the…

A comparative approach of stochastic frontier analysis and data envelopment analysis estimators: evidence from banking system

Kekoura Sakouvogui

The consistency of stochastic frontier analysis (SFA) and data envelopment analysis (DEA) cost efficiency measures using a sample of 650 commercial and domestic banks in the…

Microfinance governance: a systematic review and future research directions

Md. Ali Rasel, Sandar Win

The purpose of this article is to systematically review extant research on the corporate governance (CG) of microfinance institutions (MFIs) from a global perspective. In the…

The global price of oil, QE and the US high yield rate

Anastasios Malliaris, Mary E. Malliaris

Quantitative easing (QE) allowed the US economy to stabilize and return to slow growth. Oil prices increased to $100 during 2010–2013. Then in June 2014, they plunged again…