Open Access Journals: Recent submissions
Now showing items 341-360 of 831
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Relationship between Spot and Future Prices of Crude Oil: A Cointegration Analysis
(Scientific Research, 2018-02)The study was intended to reveal the relationship among the spot and future price of crude oil, which in turn will help in determining the prices of crude oil. While structuring a portfolio, high correlation among assets ... -
When Utility Jumps: The Value of Having Cash in the Hand
(Scientific Research, 2018-02)Different theoretical explanations have been developed for seemingly inconsistent actions that deal with varying levels of risk and time. We propose a simple model of utility that unifies these seemingly separate ... -
Justification of the Coexistence of Formal and Informal Reciprocal Loans in Developing Countries
(Scientific Research, 2017-10)This paper provides a new justification for the coexistence of formal and informal reciprocal loans in developing countries. We develop an investment model capable of comparing the financing costs of different financing ... -
Sovereign Marketing: A New Strategy of Marketing
(Scientific Research, 2017-08)The importance of “sovereign” consumerism is well established in business and marketing theory. It is a familiar business saying that the consumer is the king of the market or market king, which is truer in theory rather ... -
Identification of the Type of Strategic Policy for Sustainable Development on the Basis of Territorial Characterization. A Case Study in Canton Baños de Agua Santa, Tungurahua, Ecuador
(Scientific Research, 2017-08)This study was carried out in Baños de Agua Santa, Province of Tungurahua-Ecuador; From the time of Spanish colonization to the present day, the failure to implement sustainable development policies has led to the decline ... -
Bank Capitalisation and Stock Market Liquidity: Assessing the Evidence
(Scientific Research, 2017-10)This paper provides both theoretical and empirical evidence for assessing the relationship between bank capitalisation and stock market liquidity. It estimates a bivariate VAR-GARCH (1.1) model to examine the linkage ... -
The Sustainability of Japan’s Government Debt: A Review
(Scientific Research, 2017-10)This paper reviews the literature on the sustainability of Japanese government debt/deficit. First, we offer an overview of the approaches and the key findings on the sustainability analysis. Second, we introduce the ... -
Corruption and Economic Growth: The Case of EMCCA
(Scientific Research, 2017-08)This article analyzes the relationship between corruption and economic growth in the countries of the Economic and Monetary Community of Central Africa (EMCCA). To our knowledge, there are no works dealing with the direct ... -
Revenue and Knowledge Cooperation Mechanisms between Business Incubators and Venture Capitalists for Collaborative Start-Ups
(Scientific Research, 2017-08)Business incubators and venture capital are effective instruments for supporting the development of new firms. The purpose of this paper is to explore cooperation mechanisms between business incubators and venture ... -
Revisiting Domestic Savings and Economic Growth Analysis in Ghana
(Scientific Research, 2017-08)This study set out to ascertain the relationship between domestic savings and economic growth in the midst of antecedent variables with yearly data during the period of 1970-2013. Using Johansen cointegration test and ... -
Fighting Uncertainty with Uncertainty: A Baby Step
(Scientific Research, 2017-08)We can overcome uncertainty with uncertainty. Using randomness in our choices and in what we control, and hence in the decision making process, we could potentially offset the uncertainty inherent in the environment and ... -
Risks to Financial Stability and Monetary Policy: Rules or Discretion?
(Scientific Research, 2017-06)We evaluate monetary policy which is conducted in a way that addresses financial stability as an explicit monetary policy objective using a simple game theoretic model analysing the strategic interaction between a central ... -
The Impacts of Joint Energy and Output Prices Uncertainties in a Mean-Variance Framework
(Scientific Research, 2017-08)In this paper, we analyze the impacts of joint energy and output prices uncertainties on the inputs demands in a mean-variance framework. We find that the concepts of elasticities and variance vulnerability play important ... -
Behavioural Finance: A Re-Examination of Prospect Theory
(Scientific Research, 2017-08)Behavioural finance has received a major impetus over the last two decades. In this paper, we discuss the foundations which have helped in this paradigm shift from traditional Efficient Market Hypothesis (EMH) to the ... -
Theoretical Foundations of Africa’s Economic Transformation and Growth
(Scientific Research, 2017-08)This paper provides the theoretical underpinnings of growth models to explain structural economic transformation in Africa. The paper suggests that endogenous growth model is the key for understanding long-run growth ... -
A Framework for Determining the Impact of Value Chain Participation on Smallholder Farm Efficiency
(Scientific Research, 2017-04)We analyze the efficiency of wheat farmers toward the ever-increasing demand for wheat in Tanzania. Translog production and cost functions were utilized in the stochastic frontier analysis to examine technical, allocative, ... -
Effect of Financial Development on the Transmission of Monetary Policy
(Scientific Research, 2017-06)This paper looks at the effect of financial development on output and bank liquidity by doing a cross-country analysis of 119 countries across 18 years from 1997-2014. We develop three hypotheses by combining multiple ... -
Kautilya on Foresight, Oversight, Regulations, Ethics and Systemic Risk
(Scientific Research, 2017-04)In the wake of the recent Great recession of 2008-9, prudential supervision and “too-big-to-fail” have become the focal topics of discussion and policy. Western countries have added prudential supervision to complement ... -
The Interaction between Public Sector Wage, Inflation and Exchange Rate Volatility in Ghana
(Scientific Research, 2017-03)Continuous depreciation of the cedi has been in the orbit of concern of policy makers for time immemorial. This is because, in spite of many policy actions to restore the continuous depreciation of the cedi amidst wage ... -
Measuring the Technical Efficiency for the Shipping Banks—An Approach Using Data Envelopment Analysis
(Scientific Research, 2017-04)The international transportation industry involves various sectors, shipping being one with particular characteristics which differentiates it from others especially as relevant capital risk is concerned. Within this ...