Now showing items 1-3 of 3
Duration dependence test of rational speculative bubbles: a case study of the Hong Kong stock market
(Business Perspectives, 2012)
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 ...
The effects of short-term interest rates on output, price and exchange rates: recent evidence from China
(Institute for Business and Finance Research, LLC, 2010)
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 ...
Equity financing and debt-based financing: Evidence from Islamic microfinance institutions in Indonesia
(Elsevier BV, 2017-09-23)
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 ...