The analysis of public debt determinants is well documented in the literature. However, previous studies give more focus to the economic determinants neglecting the role played by socio-political factors. The purpose of this study is to fill that gap observed in the literature by investigating...

This study aims to examine whether board structure (board size, board composition, CEO duality, and board gender diversity) is associated with bank performance. To do so, the study makes use of panel data of 14 commercial banks in Ethiopia covering a 9-year period during 2011-2019 which results...

Even though Environmental tax policy impacts inequality theoretically, empirical studies remain scanty not only in the context of volumes and the estimation approaches but are also focused on selected advanced countries, communities, households, and emerging countries, the neglect of the global...

This study investigates the extent to which capital inflows and their composition affect domestic credit growth in emerging market and developing economies (EMDEs) and the role of institutional quality in mediating the capital inflows and domestic credit growth nexus. Using a sample of 130 EMDEs...

This paper assesses time variation in monetary policy rules by applying a Time-Varying Parameter Generalised Methods of Moments (TVP-GMM) framework. Using monthly data until December 2022 for five inflation targeting countries (the UK, Canada, Australia, New Zealand, Sweden) and five countries...

Mankiw, Romer and Weil (1992) empirically established the importance of human capital accumulation in explaining the cross-country income differences. However, their results have been critiqued by Acemoglu (2009) due to endogeneity concerns stemming from potential omitted variable bias. This...

Empirical asset pricing studies evaluate and select risk factors solely based on their historical aggregate performance, implicitly assuming a time-invariant model specification, and overlooking potential time variations of specification in the stochastic discount factor (SDF) model. This paper...

Using a dataset of 107 listed firms in Jordan from 2009 to 2018, we employed the generalized method of moments (GMM) to examine the effect of ownership structure on the level of corporate cash holdings. We found that higher government ownership is associated with higher cash holdings. On the...