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Purpose – The purpose of this paper is to uncover the direction of causality between foreign exchange market and stock market in Bangladesh, where financial markets are yet in their early development stage. Design/methodology/approach – The paper employs the Granger causality tests using...
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Purpose – This paper seeks to contribute to the study of the relationship between savings and investment in a panel of five South Asian countries. Design/methodology/approach – A number of unit root tests such as Levin, Lin, and Chu or LLC, Breitung, Im, Pesaran, and Shin or IPS,...
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