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 ...

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 ...

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, ...

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 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 ...

Structured finance products are opaque and their ratings are unverifiable. Therefore, a credit rating agency (CRA) cannot credibly fully reveal its information about the quality of a rated structured finance project. Can ...

The wide range of controversies surrounding the direction of causality between savings and economic growth necessitated this study. The study was intended to investigate the relationship between gross domestic savings ...

The present paper investigates the multi-dimensional mechanism design in which buyers have taste and budget as their private information. The paper shows an easy proof of a two-dimensional optimal direct mechanism by ...

“Education marketing” is a new concept used in high frequency interiorly in recent years, but it has significantly different interpretations in the educational circles and business circles, extremely easy to cause the ...

The significance of the research on green consumption behavior is not only to reveal the laws of green consumption behavior, but also to provide useful suggestions for the promotion of green consumption behavior. Therefore, ...