Although wage gaps brought about by differences between sectors has been widely discussed, its specificality in the energy industry has received little attention. Due to the nature of the Chinese energy sector as a monopoly and to the influence of the Soviet Union, the wages of public sector...

The idea that the wage gap (W.G.) between the public sector (P.U.S.) and private sectors (P.R.S.) has widened is a point of contention among scholars, but to date, there has been no systematic discussion of changes in the W.G. and their causes in China. This article combines data from China’s...

This paper reviews and critically comments on the policy debate surrounding China's exchange rate regime. There are presently two key issues - firstly, whether the RMB has become significantly undervalued, and secondly, whether China would benefit from adopting a flexible exchange rate regime....

The purpose of the study is to determine the effect of regulation status of MFIs on their financial performance and outreach. To find results, we used dataset of 413 MFIs over 21 Latin American Countries for the year 2005-2017. Using GMM, we found that regulated MFIs are more concerned for...

This study attempts to determine whether MFIs can achieve financial sustainability while instantaneously reaching to the poorest to render financial services. To deal with methodological issues in previous studies due to the use of OLS, we used generalized method of moment (GMM) technique that...

A tanulmány célja annak megállapítása, hogy a mikrohitelező szervezetek szabályozottsága milyen hatást gyakorol a szervezetek pénzügyi teljesítményére és az ügyfelek elérésére. Eredményeink 21 latin-amerikai ország 413 mikrohitelező szervezetének a 2005–2017 közötti...

A tanulmány célja annak megállapítása, hogy a mikrofinanszírozó szervezetek meg tudják-e teremteni a fenntarthatóságot pénzügyi téren azáltal, hogy pénzügyi szolgáltatásokat nyújtanak a legszegényebbeknek. A korábbi tanulmányokban a legkisebb négyzetek módszerének (OLS)...

This paper examines the volatility dynamics of the greater China stock markets (Shanghai A- and B-shares, Shenzhen A- and B-shares, Taiwan, and Hong Kong) by employing a multivariate (tetravariate) framework that incorporates the features of asymmetries, persistence, and time-varying...

This study is motivated by the stylized fact that the asymmetry in dependence usually exists in returns of financial data series. Owing to political and monetary reasons, this phenomenon may be present in daily changes of exchange rates. In this paper, we study the relationships between five...