4 articles in this issue
Daniel Farhat, Tarja Viitanen
This paper looks at the mental health of US consumers and the state-level economy between 2004 and 2014. To better capture the mental condition of Americans, we use internet query data for select psychological keywords. We evaluate the seasonal fluctuatio... see more
Rolando Gonzales, Patricia Aranda, Joel Mendizabal
A Bayesian Spatial-Propensity Score Matching estimator is proposed to measure the regional impact of microfinance on poverty reduction and women's empowerment. The impact of microfinance in Bolivia was tested with this estimator, using census and househol... see more
Mohsen Bahmani-Oskooee, Jungho Baek
Previous studies that included the exchange rate in the Korean demand for money assumed that the effects of the exchange rate changes are symmetric and adjustment process is linear. They found no significant effects. In this paper we apply Shin et al.’s (... see more
Hany Fahmy
The issue of market e¢ ciency attracted the attention of academicians since the existence of financial markets. Over time, two schools of thoughts were established: the efficient markets school and the behavioral finance school. Proponents of the former b... see more