The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilities, risks stemming from private sector deleveraging, and assessing the continued resilience of emerging markets. The rep…
Economic developments in Asia have been positive so far in 2007. Growth has been stronger (and in many cases more balanced) than expected across much of the region, again led by China and India, and inflation pressures remain largely contained. Moreover, Asia weathered the recen…
This thesis examines the efficacy of markets, using both quantitative and qualitative methods in a complementary way. Specifically, it starts (in Part II) by using the results from a quantitative analysis of initial public offering (IPO) underpricing as a barometer for corporate…
This research examines the economic forces influencing emerging equity markets in Latin America and Asia. This is done by studying the sensitivity of equity index returns in six Latin American and eight Asian emerging markets with respect to each country's economic variable set.…
The dissertation comprises three essays on the East Asian market integration. Chapter 1 examines the differences in the degree of market integration for Indonesia, Korea, Malaysia, the Philippines, and Thailand for the pre-1997-crisis and the post-1997-crisis periods using a reg…
This dissertation contributes to the available literature on Saudi Arabia by gathering scattered data from primary and secondary sources into a single database. Additionally, it expands on the economic analysis by adding a historical narrative dimension as it evaluates governmen…
The purpose of Chapter 1 is to survey the existing literature on the equity markets and disscuss the various issues regarding the efficiency, volatility and integration of the stock markets. Chapter 2 studies the predictability of stock returns using aggregate output. Industrial…