The effect of financial sector development on economic growth of selectedsub‐SaharanAfrica countriesInternational Journal of Finance and Economics - Tập 28 Số 3 - Trang 2834-2842 - 2023
Dagim Tadesse Bekele, Adisu Abebaw Degu
AbstractThe effect of financial sector development on economic growth is among the main debatable issue in economics and policymaking. Thus, by using different financial sector dimensions, this research tried to look at the effect of financial sector development on the economic growth of 25 sub‐Saharan Africa countries for the period 2010–2017. Precisely, three dyn...... hiện toàn bộ
Modelling long memory volatility in the Bitcoin market: Evidence of persistence and structural breaksInternational Journal of Finance and Economics - Tập 24 Số 1 - Trang 412-426 - 2019
Elie Bouri, Luis A. Gil‐Alana, Rangan Gupta, David Roubaud
AbstractMotivated by the emergence of Bitcoin as a speculative financial investment, the purpose of this paper is to examine the persistence in the level and volatility of Bitcoin price, accounting for the impact of structural breaks. Using parametric and semiparametric techniques, we find strong evidence in favour of a permanency of the shocks and lack of mean rev...... hiện toàn bộ
Microeconomic effects of capital controls: The chilean experience during the 1990sInternational Journal of Finance and Economics - Tập 8 Số 3 - Trang 225-253 - 2003
Francisco Gallego, F. Leonardo Hernández
AbstractThis paper provides empirical evidence on some of the microeconomic effects of the capital controls introduced in Chile during the 1990s, in particular, the unremunerated reserve requirement (URR). By looking at financial statements for a group of 73 Chilean firms during 1986–2001, the paper attempts to identify the effects of the URR on the firms' costs an...... hiện toàn bộ
Long‐term memory in stock market returns: international evidenceInternational Journal of Finance and Economics - Tập 6 Số 1 - Trang 59-67 - 2001
Shibley Sadique, Param Silvapulle
AbstractA lot of recent work has addressed the issue of the presence of long memory components in stock prices because of the controversial implications of such a finding for market efficiency and for martingale models of asset prices used in financial economics and technical trading rules used for forecasting. This paper examines the presence of long memory in the...... hiện toàn bộ