This paper uses a novel dataset collected by the first author from peri-urban areas of Ho Chi Minh City, Vietnam in 2008 to examine how the poor use their loans, and factors affecting their credit participation and credit constraints. The paper finds the presence of many commercial banks in the...

We examine the long-run relationship between remittances and the real exchange rate for less developed countries using a panel cointegration approach. We employ an innovative method for the measurement of the multilateral real effective exchange rate and we focus on high remittance economies. We...

While dynamic optimal hedging is of major interest, it remains unclear as to whether incorporating higher moments of a return distribution leads to better hedging decisions. We examine the effects of introducing a bivariate skew-Student density function with static and autoregressive conditional...

We study the relationship between export prices and domestic fragrant basmati rice markets in Pakistan over the period 2009 to 2022, combining monthly price data from five locations and six international references rice markets. Unlike previous studies, we use a quantile cointegration model to...