This exploratory study examines the effect of financial literacy (henceforward FL) on savings. A survey was conducted on 200 individuals in Oman for this study. Apart from FL, socio-demographics such as gender, age, and education were also analyzed. Data analysis was done using logistic...

This paper investigates the role of money illusion on exchange rate dynamics in a small open economy. We find that whether the exchange rate overshoots in response to a monetary shock is not depend on the parameters such as the consumption elasticity of money demand and the degree of openness...

The main purposes of the research are to analyze: (i) the effect of technological progress (A), capital by proxy of PMDN (domestic investment) and PMA (foreign investment), Labor (L) and human development (H) on economic growth, (ii) the effect of economic growth (Y) of public expenditures in...

In 2008, Nepal was declared a ¡°federal democratic republic¡±. However, since then, political differences have been curbing the establishment of a federal model in the country. While studies generally focus on the political aspects of this issue, this paper is based on an economic approach....

The purpose of this paper is to study the relation of US stocks, gold, and oil with the US dollar foreign exchange rate. First it is demonstrated that the law of one price holds for US stocks, gold, and oil. This law specifies that a 1% appreciation of the US dollar leads to a 1% fall in the...

The volatility of real estate prices is one of the key factors to the decision making of financial institutions, as well as to a country¡¯s economic development. Therefore how to catch the trend of this real estate price has been an important issue for Governments and financial institutions....

For the Christian tradition there seems to be a critical attitude towards economy, it¡¯s perspective and it¡¯s logic. But it can be shown that not only the language of Luther and Calvin is dominated economically, but even the language of the Bible itself. Purpose of that is to bring the...

Human capital initiatives play a vital role in resolving the most pressing business challenges. The effective management of human poses new challenges in the organization for leadership and managerial capabilities. The current study aims to analyze the factors that are closely associated with...

This research analyses the relationship between the levels of inequality and the growth rate of the Mexican states using as theoretical reference the Inequality-Human capital theory proposed by De la Croix and Doepke (2003) which links negatively inequality to growth via its effects on the...

The barrier options theory of corporate security valuation is applied to the contingent claims of a regulated bank. The regulator/insurer of the bank owns a down-and-in call option on the bank¡¯s assets which can be balanced against the expected coverage cost. This paper examines how the...