The Energy Information Administration (EIA) reports that the United States has abundant shale gas deposits and estimates it to be more than 1,744 trillion cubic feet (tcf) of technically recoverable shale gas, including 211 tcf of proved reserves. Technically recoverable unconventional gas...

Most scholars, professionals, parents, governments, and societies strongly believe that education, especially tertiary education, provides important economic and social benefits to everyone involved. Furthermore, tertiary education is recently considered as an important investment. Students...

This paper analyzes the cost impact of the Basel III higher capital and liquidity requirements on bank capital, lending spreads, and steady state output across the main Southeast Asian nations (ASEAN-5). We also investigate potential long-run economic benefit expressed as a gain in steady state...

The propagation of financial crises has made Basel III and stress testing a central focus across ASEAN-5. The primary objective of the thesis was twofold; to assess the cost impact of Basel III on bank capital, lending spreads, and steady state output across ASEAN-5; and to construct a macro...

The magnitude of global financial and economic crises in recent years have increased significantly and become almost unbearable, causing investors to lose confidence in the whole financial system. A wide range of internal and external factors can certainly influence the intensity of a financial...

The world has seen two major financial and economic crises in less than two decades, which have shaken investor confidence in the financial systems, resulted in tens of hundreds of billions of loss, and left behind dislocated societies in many regions. Everything started in the summer months of...

The main results of the macro stress testing exercise in this paper reveal that Malaysia's banking sector is resilient, well diversified, and highly interconnected. Further, Malaysia has a thriving equity market, large bond market and growing private debt securities. Main results of the baseline...

This paper examines relevancy of corporate financial policies and documents similarities and/or differences of how profit maximization goal is viewed by Islamic banking institutions (IBIs). Management of the firm is ultimately responsible for maximizing profits and increasing shareholder value,...

Turkey has experienced the biggest financial and economic shock in 2001 resulting a massive overhauling of its entire banking system that eventually cost the government over $50 billion. The IMF was involved in the recovery process from the beginning providing Turkey nearly $24 billion of...

This paper examines the rate of return on higher education to first degrees, master's degrees, and PhDs in Malaysia using previously published data. The purposes of this research are to study and identify whether or not there is a direct link between tertiary education and wages. Barbara...