The present paper examines the dynamic effects of volatility spillovers and dominant role (the second-moment) of the US, Japan and Hong Kong in the East Asian equity markets. To evaluate the recent September 11 (911) impact, two sub periods – before and after the tragedy, are being considered...

In this study, we argue that institutional rigidities contribute to the inflation rates in Bangladesh. Using annual data covering the period 1982-2005 and incorporating three new measures of institutional rigidities, we estimate an inflation model by ARDL and OLS techniques. The results do...

In this study, we argue that institutional rigidities contribute to the inflation rates in Bangladesh. Using annual data covering the period 1982-2005 and incorporating three new measures of institutional rigidities, we estimate an inflation model by ARDL and OLS techniques. The results do...

In this paper, the determinants of the Turkish trade balance are tried to be analyzed in an empirical modelling approach. For this purpose, the contemporaneous ARDL-based bounds testing has been used to examine the existence of a long run co-integration relationship between the variables of our...