Using the latest information and prices for mortgage-backed securities in September 2013, this analytical piece tests the correlation between these instruments' value and the value of the FTSE 100 share price index. The correlation between the value of mortgage-backed securities and the value of...

The micro-economic foundation of a hospital's optimal resource allocation is discussed. The foundation of a quantitative method to evaluate a hospital's performance depends on the pure economic definition of efficiency. This study is important for scholars and practitioners in the field of...

The paper explores different views of regime choice and investigates theoretically and empirically the feasibility of a potential monetary union among the six members of the Gulf Cooperation Council – the United Arab Emirates, the State of Bahrain, the Kingdom of Saudi Arabia, the Sultanate of...

This paper tries to address the impact of different factors that are theoretically believed to have significant impact on the status of the balance of payment. The paper applies those theoretical concepts on the status of the balance of payment of Saudi Arabia from 1981 to 2007. The paper gives...

This paper adopts a theoretical framework that depends on the development of Weitzman (2001)'s theory in dynamic net social welfare and tries to quantify the concept of the net social welfare within a theoretical macroeconomic framework. The paper tests the impact of the foreign direct...

This paper examines the effectiveness of the financial embargo on South Africa, which was imposed in 1985 and lifted in 1993. The theoretical framework is a simple small open economy version of Ramsey's growth model calibrated to South African conditions. The South African embargo event is...

This paper utilizes a theoretical analysis of a cognitive game approach to address the relationship between decision makers in the government of USA & consumers' behaviour as an assessment of the payoff during the financial global crisis started in USA in the last quarter of 2007. The research...

This paper utilizes a time series analysis to test the impact of the population growth rate on the transitional dynamics of the economic growth rate of Egypt through the use of main concepts of basic exogenous growth theories in their open economy versions under the assumption of perfect capital...

This paper tests the spillover effect of the foreign capital inflows on the long run growth under conditions of international economic exposure to foreign exchange rate fluctuations. The paper utilizes a simple open economy version of the Solow growth model with main features of real business...