Determinants of Interest Margin in Pakistan: A Panel Data Analysis
This paper explores the determinants of the net interest margin (NIM) using unbalanced panel data from 2003 to 2017. This paper’s objective is achieved by using a two-step system generalised method of moment (GMM) for estimation.
Murad Khan, Abdul Jalil
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The relationship between corporate governance characteristics and agency costs [PDF]
The present study aims to evaluate the contributing factors to agency costs in Iran. In this regard, 112 companies were studied over 2010 - 2016. Since the model is dynamic and the dependent variable suffers from a lag, the generalized method of moments
Mahdi Salehi +3 more
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Survey Reaction of Labor Demand and Capital in Selected ISIC Industries Respect to Energy Price Index Deviation [PDF]
In this paper to survey effects of energy prices index on labor and capital demand of ISIC industries such as food industry, coke and oil industry, chemical productions, main metals, on metal and motor vehicles industries are selected because they have ...
Hasanali Ghanbari Meman +2 more
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Commodity price volatility and economic growth in Africa: the mitigating role of trade policy [PDF]
The extreme volatile behavior of Africa’s output and consumption is strongly related to the extent of exposure to external shocks in its trade earnings.
Adeyemi Ogundipe
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Does Sukuk Sector Stimulate Economic Growth? Empirical Evidence from MENA and Southeast Asia Region
The main objective of this paper is to examine the impact of Sukuk sector development on economic growth. This study focuses on a sample comprising some Sukuk-issuing countries in the MENA and Southeast Asia regions over the period 1995-2015.
Mohamed Metoui, Ahmed Ghorbel
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Providing the Optimal Model for Stock Selection Based on Momentum, Reverse and Hybrid Trading Strategies Using GWO Algorithm [PDF]
Objective: Contratum strategies are hybrid strategies in which, like the reverse strategy, the portfolio ranking is based on a long-term time horizon. However, the time horizon of their maintenance is like medium-term momentum strategies.
Ali Teymouri Ashtiani +2 more
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Determinants of Dividend Payout Decisions: A Dynamic Panel Data Analysis of Turkish Stock Market
This study analyzes the firm-specific factors affecting the dividend payout decisions of the companies whose shares are traded on the Borsa Istanbul stock exchange.
Faruk Bostanci +2 more
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Finance, growth and threshold effects [PDF]
In this paper, we test the existence of financial development threshold effects, firstly, between financial development and long-term growth, and, secondly, between financial development and long-term GDP.
Allegret Jean-Pierre, Azzabi Sana
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Non-Gaussian dynamic Bayesian modelling for panel data [PDF]
A first order autoregressive non-Gaussian model for analysing panel data is proposed. The main feature is that the model is able to accommodate fat tails and also skewness, thus allowing for outliers and asymmetries. The modelling approach is designed to
Mark F. J. Steel +3 more
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Access to Credit as a Growth Constraint
From a sample of 75,854 Slovenian fi rms in the period 1995–2011, we examine the effects of a fi rm’s access to bank credit on its growth. The results suggest that as the external fi nancing constraint relaxes and fi rm gets access to credit, the ...
Matjaž Volk, Polona Trefalt
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