This study tests the presence of rational speculative bubbles in the Hong Kong stock market over a sample period from 1993-2008 using the duration dependence test. The duration dependence test shows no evidence of duration ...

This paper examines the impact of net buying pressure and the event of 9/11 on the implied volatility of the U.K. FTSE 100 (Financial Times and the London Stock Exchange) index options. Our findings indicate that when ...

This paper investigates the effects of rural households' demographic characteristics on formal credit constraint, and explores the relationship between informal and formal lending in rural China. Using 2013 China's Household ...

This paper utilizes VAR techniques to examine the relationship between a policy related variable and selected macro-variables in China. Johansen’s cointegration tests fail to find a moving equilibrium among the related ...

By combining the market model with the three-factor model, this study investigates firms’ share returns after the announcement of share repurchase. Employing data for China’s A-share market, this study’s sample utilizes ...

This study investigates the impacts of the Thailand–Australia Free Trade Agreement and Thailand–New Zealand Closer Economic Partnership on Thailand’s dairy import prices. The study employs an import price model to examine ...

This paper investigates the impact of Islamic microfinance on rural households' welfare in Indonesia. Using a survey questionnaire, this study explores two group of financing in Islamic microfinance, equity and debt-based ...