This study analyzes absolute and conditional income mobility in Iran using pseudo-panel data constructed from 22 cross-sectional Household Surveys of Income and Expenditures conducted by the Statistical Center of Iran ...

The present study investigates the effect of oil resource rent on financial development through the stock market. In this case, the analysis process has been accomplished in two different states: considering and ignoring ...

This study aims to examine the impact of financial inclusion shocks on financial cycles, emphasizing financial stability in 73 developing and developed countries over the period 2005-2020. Impulse response functions and ...

This study investigates the effect of currency union on intra-regional trade integrations in West Africa. The empirical analysis also examines the interaction effect of institutional quality on currency union-trade flows ...

The objective of this paper is to analyze and measure the systemic risk between cryptocurrencies and real currencies using a value approach in conditional risk exposure and expected marginal shortfall. Systemic risk in ...

This study aims to measure the efficiency of the general takaful operators in Malaysia with the selected inputs, labor cost and management fees. On the other hand, the output used is gross contribution. General takaful ...

Though studies related to corporate governance shaping risk management are ubiquitous, fathoming income smoothing behavior and credit quality are fundamental to commercial banks, especially pertaining to economies in ...

This paper compares the effectiveness of the monetary policy based on conventional utility function and prospect theory. According to prospect theory, in the face of uncertainty, people make decisions based on perceived ...

In most studies, examining the relationship between risk and return, based on the theory of expected utility, an investor has always been considered as a risk-averse person. While the prospect theory considers both risk ...

The outbreak of COVID-19 has led to widespread use of mathematical models of epidemiology. These models have a fundamental defect, because they do not consider the interaction between economic decisions and rates of ...

In this paper, we study the asymmetric effect and threshold of financial development on economic growth. We present a fresh evidence using the panel threshold-ARDL (Panel-TARDL) model for the 5 BRICS countries including ...

Over the past decades, technology has been considered as a major factor that affects economic and industrial development. The export technology content, which reflects the export goods characteristics, has also been of ...