Even though the presence of the-day-of-the-week effect has been documented in finance literature, its presence in the aftermath of a financial crisis has not been explored. This paper investigates the presence of day-of-the-week effect and returns volatility in fifteen Asia Pacific Financial...

How can monetary authorities determine whether the current account balance is problematic? One method is based on the intertemporal consumption-smoothing model. This paper applies the intertemporal consumption-smoothing model - which is used to derive the optimal current account - to Barbados,...

By definition, Savings Banks form part of what is known as the social economy, so their investment policies must logically comply with objective efficiency and other more subjective social criteria. However, at different moments in time, accusations have been launched against their investment...