A sustentabilidade é um tema inevitável do século XXI, e vários estudos já exploraram os benefícios económicos de práticas sustentáveis. Esta dissertação explora a relação entre a avaliação de fatores ambientais, sociais e de governança (ESG) de empresas europeias e o seu custo …
In 2013, Summers (2015) revived the secular stagnation hypothesis, firstly postulated by Hansen (1939), to describe the current macroeconomic picture faced by developed economies. This dissertation assesses this claim. Taking into consideration the inputs from several authors, w…
Thin Film Composite (TFC) membrane technology has been applied in the removal of various pollutants from wastewater. TFC membranes have small pore sizes which enable the rejection of multivalent ions such as those found in Acid Mine Drainage (AMD). Also, nanoparticles with desir…
Empirical studies have revealed that many financial asset returns are characterized by an asymmetric behavior of the volatility. Aside from asymmetry, another important stylized fact about the volatility is its long memory effect. Given that the computation of the volatility is …
Purpose. The purpose of this study was to investigate the relationship between changes in international oil price, foreign exchange and interest rates of the United States and Nigerian foreign exchange earnings and interest payments on external debt. Methodology. This study was …
The currency crises occurred in many Southeast Asian countries in recent months had raised many concerns about whether their currencies and interest rates conformed to international parity conditions on one hand, and whether the occurrence of these simultaneous crises in the reg…
High interest rates are a potentially powerful tool for the defense of a fixed exchange rate regime facing speculative pressure. Their effectiveness at doing so, however, is put in question by both the stylized facts and the small empirical literature on monetary policy during c…
This dissertation includes three papers focusing on three topics in International Finance. It first looks at the capital control in Malaysia, and then studies the Asian Currency Crisis and last models the different capital structure and output volatility between emerging markets…
Microfinance research concerns addressed in this thesis relate to: (1) targeting of clients vis-à-vis financial sustainability; (2) loan size effect of interest rate and clients’ well-being status; (3) economic governance and the dual objectives of microfinance institutions; and…
The paper studies the management of natural resource rents on the economic growth of natural resource abundant countries. A major policy of many of these countries has been the use of oil revenues to subsidize the non-oil private sector in order to diversify away from oil depend…
Through the application of econometric techniques that can deal with changes in regimes, this thesis attempts to improve our understanding of the monetary transmission mechanism in Malaysia, a developing economy that has undergone tremendous shifts in its economic and financial …
This dissertation investigates the extent to which financial markets in East Asia after 1990 have become more interconnected to the US, as well as to each other, by examining the sensitivity of foreign influences on domestic interest rates. Since there have been many conflicts i…
The theme of this dissertation is Ricardian equivalence, and its objective is to examine the effects of government debt on private consumption expenditures (Essay One), on interest rates (Essay Two), on the current account balance (Essay Three), and on individual intertemporal d…
This dissertation presents evidence on whether, and by what degree, government budget deficits raise interest rates in Turkey, where unprecedented increases in budget deficits have prevailed since the late 1980s. The increasing size of budget deficits and the financing of these …
This study examines the behavior of the overnight interbank interest rate in Turkey. First, Principal Component Analysis is conducted on the Turkish bond indices. The results indicate that a traditional one-factor model is not sufficient for describing the dynamics of the yield …
Ekonomik durumun en belirgin göstergelerinden biri olan faiz oranları, finans dünyasının da en önemli konular arasında yer almakta ve yıllardan beri araştırmalara konu olmaktadır. Bir ekonomiyi bu açıdan iyi analiz edebilmek için uygulanan faiz oranlarının benzer olup olmaması, …
The American government and its policies have a long history of racism. In particular, the historic policy of redlining is one legislation explicitly responsible for America's modern-day urban disparities. This study attempts to estimate the effect of redlining on urban disparit…
In the thesis, were presented all chronological periods of the most costly crisis in the world and in Kazakhstan since independence 1991 and the impact of the current Covid crisis on the Republic of Kazakhstan economy. Crisis events took place in the both items: global economy a…
The occurrence of speculative economic bubbles which has been noted from as early as the 17th century, has a devastating impact on investor wealth and the global economy. One such notable example is the Dot-com bubble which occurred during the end of the 1990s in the United Stat…