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Now showing items 61-70 of 102
Non-Linear Effect of Remittances on Banking Sector Development: Panel Evidence from Developing Countries
(Scientific Research, 2016-10)
This paper examines the impact of remittances on financial sector development in a
panel of 19 developing countries. Contrary to previous studies that focus on mean
effects, it uses quantile regression methodology to ...
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 ...
Strategic Choice of Market Instrument
(Scientific Research, 2017-06)
This paper proposes a model where both regulator and industry behave strategically
to endogenously choose the optimal market instrument. The regulator
payoff function includes political gains from investment in abatement ...
Using Patents in Promotional Activities
(Scientific Research, 2016-10)
A traditional view of patents and patenting shows a trade-off between the benefit of
appropriation and the cost of information revelation. However, firms may benefit
from information revelation to consumers because patents ...
A Method for Estimating the Participation Rate of Elder Care
(Scientific Research, 2016-06)
This paper focused on estimating the participation rate of care giving to elders. We used a theoretical
model frame that was in common use for analyzing activity in the labor market and adjusted
it for analyzing the care ...
Income Inequality Measures
(Scientific Research, 2018-02)
Income distributions are commonly unimodal and skew with a heavy right
tail. Different skew models, such as the lognormal and the Pareto, have been
proposed as suitable descriptions of income distribution and applied in ...
On the Economic Premium Principle
(Scientific Research, 2018-02)
In this study, we propose an equilibrium pricing rule to capture a characteristic
observed in the practical option market. The market has observed that the
implied volatility derived from the Black-Scholes formula is ...
Producers’ Preference for Price Instability?
(Scientific Research, 2018-06)
The debate over whether producers prefer price instability to price stability
continues, especially where policies are often endorsed that aim at generating
stability. Such policies include the holding of agriculture ...
Financial Integration and Portfolio Diversification: Evidence from CIVETS Stock Markets
(Scientific Research, 2016-12)
This paper investigates the extent of financial integration among a new group of six
frontier markets called “CIVETS” by utilizing the multivariate GARCH framework
of Engle and Kroner [1]. These countries are expected ...
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 ...