ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic)最新文献_第3页

Why is Dollar Debt Cheaper? Evidence from Peru 为什么美元债务更便宜?来自秘鲁的证据

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-05-10 DOI: 10.2139/ssrn.3599475

Bryan Gutiérrez, V. Ivashina, Juliana Salomao

引用次数: 8

Liquidity Analysis of UAE Banks 阿联酋银行的流动性分析

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-05-05 DOI: 10.32861/ijefr.65.82.86

M. Ibrahim

{"title":"Liquidity Analysis of UAE Banks","authors":"M. Ibrahim","doi":"10.32861/ijefr.65.82.86","DOIUrl":"https://doi.org/10.32861/ijefr.65.82.86","url":null,"abstract":"The aim of this paper is to analyze the liquidity levels of various banks in the UAE for the period 2005-2009. To understand the behavior of liquidity indicators especially during the financial crisis, the researcher will analyze the four liquidity indicators over the years 2005 to 2009. The findings highlight how the banks in question have been impacted by the 2007-2008 crisis. This can most obviously be seen in the notable decline of each of the banks liquidity level in 2009. The effect of loans to total assets, loans to customers’ deposit, and investment to total assets ratios for the five banks was most notable in 2009. Two liquidity ratios were analyzed in order to determine the banks’ ability to honor its debt obligations, these being loans to total assets and loans to customers respectively. The third ratio was the total equity to total assets to assess the liquidity level in the capital structure, while the fourth ratio was the investment to total assets to measure the managing of liquidity. While Bank liquidity was affected by the crisis, bank performance remained relatively stable, as measured by coefficient of variation, since these banks were able to yield more control over cash flows in comparison to revenues and costs.","PeriodicalId":197745,"journal":{"name":"ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic)","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125513639","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Stock Market Movements and Linkages between Emerging Markets in Asia and Developed Market Indices: Short Run and Long Run Analysis 亚洲新兴市场和发达市场指数之间的股票市场变动和联系:短期和长期分析

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-05-01 DOI: 10.31838/jcr.07.07.111

Kasilingam Lingaraja, M. Selvam, Ramanujam Veluchamy, Chinnadurai Kathiravan

{"title":"Stock Market Movements and Linkages between Emerging Markets in Asia and Developed Market Indices: Short Run and Long Run Analysis","authors":"Kasilingam Lingaraja, M. Selvam, Ramanujam Veluchamy, Chinnadurai Kathiravan","doi":"10.31838/jcr.07.07.111","DOIUrl":"https://doi.org/10.31838/jcr.07.07.111","url":null,"abstract":"This research paper investigates the stock market movements and linkages between the Asian emerging markets (China, India, Indonesia, Korea, Malaysia, Philippines, Taiwan and Thailand) and two developed markets (i.e. USA and Japan). This study employs the statistical application of descriptive statistics, unit root test, correlation and pairwise granger causality test. The study used daily data from 01st January, 2005 to 31st December, 2014, to examine both short-run (year wise) and long-run (whole study period) movements and linkages between Asian emerging stock markets and two developed stock markets. The presence of short-run relationship and absence of a strong long-run relationship, among these markets, were found. The short run (year wise) and long run movements and linkages have important implications for investors, risk managers and regulators. It is found that Indian stock market experienced less movements with developed markets (USA and JAPAN). This study also suggested that India's stock market is largely protected from global events i.e., 2007-2008. The sample stock markets of these eight countries of Asian emerging markets provide attractive diversification opportunities, for international portfolio investors during the long run period. All the eight countries of Asian emerging markets provide attractive diversification opportunities for international portfolio investors, over a long period.","PeriodicalId":197745,"journal":{"name":"ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic)","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130474201","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

The Politico-Economic Dynamics of China’s Growth 中国经济增长的政治经济动力

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-04-12 DOI: 10.2139/ssrn.3573984

Yikai Wang

引用次数: 4

Анализ новых подходов к формированию предикторов финансово-экономических кризисов на основе показателей финансовых рынков (Analysis of New Approaches to the Formation of Predictors of Financial and Economic Crises Based on Indicators of Financial Markets)

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-04-01 DOI: 10.2139/ssrn.3650029

Yury Danilov, D. Pivovarov, I. Davydov

{"title":"Анализ новых подходов к формированию предикторов финансово-экономических кризисов на основе показателей финансовых рынков (Analysis of New Approaches to the Formation of Predictors of Financial and Economic Crises Based on Indicators of Financial Markets)","authors":"Yury Danilov, D. Pivovarov, I. Davydov","doi":"10.2139/ssrn.3650029","DOIUrl":"https://doi.org/10.2139/ssrn.3650029","url":null,"abstract":"The paper presents the results of the analysis of indicators whose behavior as crisis predictors is actively discussed at the present time. The paper analyzes reasons for the failure of the crisis predictors of the previous generation, which showed their failure in 2007 - 2008. Indices of financial conditions, yield spreads of US treasury bonds, Schiller's ratio, financial cycle indicators, VIX (“fear index”), risk premiums and some other indicators from the “new crisis predictor” family are examined in detail. It was shown that all these indicators are aimed at finding an answer to the question about the time of the beginning of the next crisis, while other parameters of a possible crisis (where, in which country and in which sector of the economy should the crisis begin to be expected; what exactly can happen, which of vulnerabilities have the highest chance of being realized) attract much less attention. Moreover, economic risks are not among the most dangerous risks from the point of view of international financial organizations. We conducted an analysis of the behavior of the proposed crisis predictors on retrospective data, as a result of which we formed their sequence in terms of signaling before the crisis, as well as the influence of external predictors on indicators of Russian economic dynamics and the state of the financial market. It was concluded that along with external shocks, internal factors are of great importance for the start of Russian recessions, on the basis of which the Russian financial conditions index was proposed, which showed good predictor properties. Hypotheses were also formulated about the reasons for the later entry of the Russian economy into the crisis of 2007-2009. and higher volatility of economic dynamics in Russia.","PeriodicalId":197745,"journal":{"name":"ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic)","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133253544","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

COVID-19 Outbreak: Is It a Health Crisis or Economic Crisis or Both? Case of African Counties COVID-19爆发:是健康危机还是经济危机，还是两者兼而有之?非洲国家的案例

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-03-23 DOI: 10.2139/ssrn.3559200

Jacob Joseph Kassema

引用次数: 20

Global and Local Currency Effects on Euro Area Investment in Emerging Market Bonds 全球和本地货币对欧元区投资新兴市场债券的影响

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-03-16 DOI: 10.2139/ssrn.3556419

Martijn Adriaan Boermans, J. Burger

引用次数: 2

Russian Industrial Sector in January 2020 2020年1月俄罗斯工业部门

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-03-16 DOI: 10.2139/ssrn.3555004

S. Tsukhlo

引用次数: 0

The Effect of Sovereign Debt on Economic Growth: The Case of Oil-rich Countries 主权债务对经济增长的影响:以富油国家为例

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-03-03 DOI: 10.32479/ijefi.9120

H. Salameh

引用次数: 2

Assessment of Government Debt Security of Emerging Markets: Theory and Practice 新兴市场国家政府债务安全评估:理论与实践

ERN: Other Emerging Markets Economics: Macroeconomic Issues & Challenges (Topic) Pub Date : 2020-02-11 DOI: 10.21511/imfi.17(1).2020.04

Viktoriia Koilo, L. Ryabushka, T. Kubakh, Jaroslav Halik

引用次数: 7