Journal of Economics, Finance and Administrative Science , Open Access

Economic policy uncertainty of China and investment opportunities: a tale of ASEAN stock markets

Hassanudin Mohd Thas Thaker, Mohamed Asmy Mohd Thas Thaker, Muhammad Rizky Prima Sakti, Imtiaz Sifat, Anwar Allah Pitchay, Hafezali Iqbal Hussain

The purpose of this paper is to examine the effect of economic policy uncertainty (EPU) of China on investment opportunities in five ASEAN economies.

Return and volatility spillover between India and leading Asian and global equity markets: an empirical analysis

Aswini Kumar Mishra, Saksham Agrawal, Jash Ashish Patwa

The study uses the multivariate GARCH-BEKK model (which was first proposed by Baba et al. (1990) and then further developed by Engle and Kroner (1995)) to examine the…

Is there a price bubble in the exchange rates of the developing countries? The case of BRICS and Turkey

Hakan Yildirim, Saffet Akdag, Andrew Adewale Alola

The last decades have experienced increasingly integrated global political and economic dynamics ranging especially from the influence of exchange rates and trade amid…

The impact of real exchange rates on real stock prices

Hock Tsen Wong

The study examines the impact of real exchange rates and asymmetric real exchange rates on real stock prices in Malaysia, the Philippines, Singapore, Korea, Japan, the…

Determination of the world stock indices' co-movements by association rule mining

Burcu Kartal, Mehmet Fatih Sert, Melih Kutlu

This study aims to provide preliminary information to the investor by determining which indices co-movement, with the data mining method.

Testing the market efficiency in Indian stock market: evidence from Bombay Stock Exchange broad market indices

Rajesh Elangovan, Francis Gnanasekar Irudayasamy, Satyanarayana Parayitam

Despite volumes of research on the efficient market hypothesis (EMH) over the last six decades, the results are inconclusive as some studies supported the hypothesis, and…

Impact of financial stress in advanced and emerging economies

Flavio Cesar Valerio Roncagliolo, Ricardo Norberto Villamonte Blas

The purpose of the paper is to examine the differences in the impact of financial stress in advanced and emerging economies.

Macroeconomic determinants of fiscal policy in East Africa: a panel causality analysis

Joseph Mawejje, Nicholas M. Odhiambo

This study investigates the dynamic causality linkages between fiscal deficits and selected macroeconomic indicators in a panel of five East African Community countries.

Credit rating announcement and bond liquidity: the case of emerging bond markets

Amir Saadaoui, Anis Elammari, Mohamed Kriaa

This study examines the effect of the informational content of local credit rating announcements in emerging markets on the liquidity of their bond markets. This study…

Reassessing the feasibility of adopting dollarization in Latin America

León Padilla

This paper analyses the possibility of Latin America's (LA) major economies adopting dollarization, considering that in the last decade macroeconomic instability has once…

Pemex: oil price and financial management in the context of elevated fiscal burden

Angélica Tacuba

The article analyzes how oil price fluctuations are reflected in the management of Petróleos Mexicanos (Pemex) based on its balance sheet (BS) and particularly how oil…

Impact of internal remittance on households' use of bank services: evidence from Vietnam

Thu Thi Hoai Nguyen, Hung Manh Le, Le Quoc Hoi, Hang Thu Pham

This study estimates impact of remittances from internal migration on households' use of bank services in Vietnam.

Benford's law for integrity tests of high-volume databases: a case study of internal audit in a state-owned enterprise

Hector Ruben Morales, Marcela Porporato, Nicolas Epelbaum

The technical feasibility of using Benford's law to assist internal auditors in reviewing the integrity of high-volume data sets is analysed. This study explores whether…

Pakistan: a study of market's returns and anomalies

Sana Tauseef, Philippe Dupuy

This paper aims to expand foreign investors' understanding of potential return enhancement and risk diversification advantages offered by equity market of Pakistan…

Health expenditures (total, public and private) and per capita income in the BRICS+T: panel bootstrap causality analysis

Şerif Canbay, Mustafa Kırca

The study aims to determine whether there is a bidirectional causality relationship between health expenditures and per capita income in Brazil, Russia, India, China…

Using single impact metrics to assess research in business and economics: why institutions should use multi-criteria systems for assessing research

Sergio Olavarrieta

Despite the general recommendation of using a combination of multiple criteria for research assessment and faculty promotion decisions, the raise of quantitative…

Do public and internal debt cause income inequality? Evidence from Kenya

Wilkista Lore Obiero, Seher Gülşah Topuz

This study aims to determine whether there is an effect of internal and public debt on income inequality in Kenya for the period 1970–2018.