This paper explores the association between credit risk and different types of bank stability based on Z-score across various bank size regimes by employing a panel threshold regression and an extensive dataset of 20 banking ...

Financial distress refers to the situation where a firm's cash flows are insufficient to meet contractually required payments. This has caused concern among capital owners and compelled financial analysts to employ a variety ...

Real exchange rate volatility can inhibit or enhance trade. The volatility of Nigerian currency concerning Yuan, Yen, Pounds, and the US dollar exists but is not homogenous. This situation will affect trade flows between ...

The finance trade nexus reveals the importance of finance for trading and economic growth.  This study used both Johansen Co-integration and Granger causality approaches to investigate the presence of the linkages among ...

People's behavior is related to their time horizon. As people's time preference rate increases, planning becomes increasingly myopic. This study employs the MIMIC model to evaluate the shifts in the health-related time ...

We test the boomerang effect in remittances (the effect of remittances on imports) for the top two global remittances recipients – China and India – and the top two recipients in Africa – Egypt, and Nigeria – from 1981 to ...

This study aims to evaluate the effects of the monetary policy on the total stock market index using Guangton et al. (2021)'s nonlinear approach. Contrary to other research on Iran's economy that has focused more on long- ...

The VAT law amendment in Iran, enforced since the beginning of 2022, includes three key changes in the VAT of the tourism industry: 1- tax exemptions in the transport sector (except for domestic air transport), 2- tax ...

We develop a model of individual account (IA) pension systems that considers the wage distribution of the economy and models the density of contributions or so-called “Lagunas" (gaps) as a function of wage inequality. ...

Contract theory is the study of how contracts develop among economic agents. The imbalance in the bargaining power of the contract parties causes a crisis in the market, particularly in the housing sector. Countries often ...

In the study, the relationship between the development of Islamic finance and economic growth in 40 countries where the share of the value of Islamic finance assets in total financial assets is determined to be the highest ...

In line with the nascent literature on economic complexity, this paper answers whether economic complexity impacts the size of the shadow economy in African economies, a region confronted with a large amount of informal ...

There are many economic, social, and political determinants impact a country's degree of terrorism. In this study, we attempt to reveal the influence of the most major macroeconomic determinants on the consequences of ...

The inflation rate has constantly been volatile in Iran's economy. At the same time, the considerable fluctuations in the foreign exchange market, the inflationary environment and its impact on inflation expectations, the ...

This paper investigates whether the prior returns of value and glamour stocks can predict future value premiums using stocks listed on the Tehran Stock Exchange. In the spirit of Eleswarapu and Reinganum (2004), we focus ...