8 articles in this issue
Abu N.M. Wahid,Muhammad Shahbaz,Pervaz Azim
-
Abdul Haque,Hung Chun Liu,Fakhar Un Nisa
This empirical paper tests out the weak form efficiency of Pakistani stock market by examining the weekly index over the period . Return series has a leptokurtic and negatively skewed distribution, which is away from normal distribution as reflected... see more
Mahmudul Mannan Toy,MD. Moniruzzaman,A. B. M. Rashedul Hassan
Farzana Shaheen,Azad Haider,Sajid Amin Javed
This paper envisages estimating the Time-Varying Non-Accelerating Inflation Rate of Unemployment (TV-NAIRU) as an unobserved stochastic variable for Pakistan over the time period 1973-74 to 2007-08 using Kalman filter. Results of the study are evident tha... see more
Harun Uçak
Literally, it has been accepted that one of the major obstacles to Turkey’s EU membership is in population term. There has not been any enlargement process as large as Turkey’s population as a single state in EU history before. The enlargement in 2004 whi... see more
Sallahuddin Hassan,Zalila Othman,Mohd Zaini Abd Karim
Public capital hypothesis explains that a positive relationship exists between private and public investment. This paper examines the validity of the hypothesis by using a panel time series analysis on four sectors of the Malaysian economy (agriculture, i... see more
Andreas Georgantopoulos,Anastasios Tsamis
This paper uses a data set from FYROM Stock Exchange to investigate the presence of calendar effects in this recently organised equity market during the period 2002–2008. Five well known calendar effects are examined by both mean (OLS) and variance (GARCH... see more
Mohamed Essaied Hamrita,Abdelkader Trifi
This paper examines the multi-scale relationship between the interest rate, exchange rate and stock price using a wavelet transform. In particular, we apply the maximum overlap discrete wavelet transform (MODWT) to the interest rate, exchange rate and sto... see more