Journal of Quantitative Methods最新文献_第2页

The 2008 Crisis: An International Finance (Over)view 2008年危机:国际金融视角

Journal of Quantitative Methods Pub Date : 2019-08-31 DOI: 10.29145/2019/JQM/030201

J. Costa-Filho

引用次数: 0

Determinants of Dropout and Child School Enrollment: A Case Study from Rural Islamabad 辍学和儿童入学的决定因素:伊斯兰堡农村地区的个案研究

Journal of Quantitative Methods Pub Date : 2019-08-31 DOI: 10.29145/2019/JQM/030205

Uzma Naz, Z. Ejaz, Naveed Ur Khan

引用次数: 5

Exchange Rate Uncertainty and Workers’ Remittances: Empirical Bayesian Approach 汇率不确定性与工人汇款:经验贝叶斯方法

Journal of Quantitative Methods Pub Date : 2019-08-31 DOI: 10.29145/2019/JQM/030206

M. Sikandar, Hafiz M. Yasin, Malik Muhammad

{"title":"Exchange Rate Uncertainty and Workers’ Remittances: Empirical Bayesian Approach","authors":"M. Sikandar, Hafiz M. Yasin, Malik Muhammad","doi":"10.29145/2019/JQM/030206","DOIUrl":"https://doi.org/10.29145/2019/JQM/030206","url":null,"abstract":"Exchange rate is one of the important determinates of worker’s remittances to a country. Level of exchange rate as well as any fluctuation in it influences the volume of workers’ remittances. The present study uses data of workers’ remittances from ten major countries to Pakistan for the period 1973 to 2012. Uncertainty of exchange rate is estimated through GARCH model. We use Empirical Bayesian approach to compute posterior information (estimates, for which, the GMM estimates are used as prior in order to avoid biasness and inconsistency due to the presence of endogeniety in our model. The Empirical Bayesian estimates are found to be more efficient in terms of significance and correct signs of modeled variables. The findings suggest a significant role of home and host country characteristics in most of the cases. The findings also reveal a negative impact of exchange rate uncertainty on the inflow of remittances. The political instability reveals an insignificant impact on remittances. The study recommends different policy options for different host countries. Apart from the Middle East, the policy for other regions (like USA, Canada, and Germany etc.) must be considered separately to encourage inflow of remittances. Appropriate stabilization measures have to be taken on priority basis to curtail volatility of exchange rates and to ascertain regular inflow of remittances. ","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"783 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120879097","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

Threshold Effects of Institutional Quality in the Infrastructure-Growth Nexux 基础设施-增长联动中制度质量的门槛效应

Journal of Quantitative Methods Pub Date : 2019-08-31 DOI: 10.29145/2019/JQM/030203

E. Ogbaro

{"title":"Threshold Effects of Institutional Quality in the Infrastructure-Growth Nexux","authors":"E. Ogbaro","doi":"10.29145/2019/JQM/030203","DOIUrl":"https://doi.org/10.29145/2019/JQM/030203","url":null,"abstract":"This study estimates the threshold level of institutional quality that will ensure the efficient use of infrastructure in stimulating growth in Sub-Saharan Africa based on panel data from 41 countries in the region between 1996 and 2015. It employs a dynamic panel threshold regression model which is derived from the New Institutional Economics theory and this is estimated using the first-differenced Generalized Method of Moments estimator. Results reveal that the relationship between infrastructure and growth is non-linear which provides support for the use of a threshold regression model, with institutional quality serving as the threshold variable. In terms of the threshold level, the findings show that the index of institutional quality that will ensure the efficient use of infrastructure in stimulating growth is 0.410. The study also finds that, on average, countries in the region operate below this threshold level, hence their poor growth. The conclusion that is drawn from the analysis is that poor or low institutional quality is one of the factors hampering the growth of countries in the SSA region. A major limitation of the study is that the estimator employed for the threshold analysis is developed for models with single threshold value only and so does not allow for multiple threshold values. Thus, it is recommended that governments in the region need to formulate and implement policies targeted at improving the level of institutional quality in their countries.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"129 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123320395","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

Corruption, Political Instability and Sustainable Development: The Interlinkages 腐败、政治不稳定与可持续发展:相互联系

Journal of Quantitative Methods Pub Date : 2019-03-13 DOI: 10.29145/2019/JQM/030104

Rana Ejaz Ali Khan, Sarwat Farooq

引用次数: 4

Detecting Stationarity of GDP: A Test of Unit Root Tests GDP的平稳性检验:单位根检验

Journal of Quantitative Methods Pub Date : 2019-03-13 DOI: 10.29145/2019/JQM/030102

A. Rehman

{"title":"Detecting Stationarity of GDP: A Test of Unit Root Tests","authors":"A. Rehman","doi":"10.29145/2019/JQM/030102","DOIUrl":"https://doi.org/10.29145/2019/JQM/030102","url":null,"abstract":"Despite extensive research of research on unit roots, consensus on several important issues and implications has not emerged to date (Libanio, 2005). There are many series which were being investigated for existence of unit root and for these series, there is conflict between the researcher regarding the existence of unit root. For a given data series it is generally not possible to decide which of unit root tests would be the best suited. The Monte Carlo experiments prove that the performance of unit root tests depends on the type of data generating process (DGP), but for the real data we do not know the true DGP. Hence, we cannot decide which of the tests would perform best for a series. The bootstrap approach of Rudebusch (1993) offers an alternative to measure the performance of unit root test for any real time series with unknown DGP. Rudebusch (1993)’s approach is extended to measure and compare the performance of unit root tests for annual real GDP series of various countries. Our results show that unit root tests have very low ability to discriminate between best fitting trend stationary and difference stationary models for GDP series of most of the countries and that Phillips Perron test is superior to its rivals including Dickey-Fuller, DF-GLS and Ng-Perron tests. The results also support existence of unit root in real GDP series.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131691362","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: 3

Quality of Life and Globalization: Econometric Evidence from Asian Economies 生活质量与全球化:来自亚洲经济体的计量经济学证据

Journal of Quantitative Methods Pub Date : 2019-03-13 DOI: 10.29145/2019/JQM/030105

Muhammad Tariq Majeed

引用次数: 2

The Journey from Entropy to Generalized Maximum Entropy 从熵到广义最大熵的旅程

Journal of Quantitative Methods Pub Date : 2019-03-13 DOI: 10.29145/2019/JQM/030101

Amjad D. Al-Nasser

引用次数: 0

Nexus between Financial Development and Investment in Pakistan: A Vector Auto-regressive Model Approach 巴基斯坦金融发展与投资之间的关系:一个向量自回归模型方法

Journal of Quantitative Methods Pub Date : 2019-02-28 DOI: 10.29145/2019/JQM/030106

Arslan Khalid

{"title":"Nexus between Financial Development and Investment in Pakistan: A Vector Auto-regressive Model Approach","authors":"Arslan Khalid","doi":"10.29145/2019/JQM/030106","DOIUrl":"https://doi.org/10.29145/2019/JQM/030106","url":null,"abstract":"This study has been conducted to analyze the impacts of Financial Development on Investment in Pakistan. The objectives of this study are to generate Financial Development Index for Pakistan and to analyze the impact of Financial Development on Investment along with key explanatory variables. The time period for this study is from 1975 to 2011. An index has been constructed for exact measurement of financial development by using five main indicators, and for calculation of financial development index weighted average method has been used. In our investment’s model VAR model has been for results because of different order of integration and no proves of cointegration in our data, we have also applied the causality test on our model. It has been observed by the causality test that during the period of our study financial development cause investment and investment causes financial development. By the help of impulse response function it has also been observed that the impulse of financial development has decreased the investment in Pakistan and it could be due to a fact that Pakistan is at early stage of financial development and the saved resources are not properly mobilized to investment.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127503112","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

Determinants of Net Interest Margins in Emerging Markets: A Generalized Method of Moments Approach 新兴市场净息差的决定因素:一种广义矩法

Journal of Quantitative Methods Pub Date : 2019-02-01 DOI: 10.29145/2019/JQM/030103

Adeela Khalil, U. Farooq

{"title":"Determinants of Net Interest Margins in Emerging Markets: A Generalized Method of Moments Approach","authors":"Adeela Khalil, U. Farooq","doi":"10.29145/2019/JQM/030103","DOIUrl":"https://doi.org/10.29145/2019/JQM/030103","url":null,"abstract":"The study focuses on checking the effect of Leverage Risk, Credit Risk, Implicit Interest Payment, Non-Interest Bearing Reserve and Management Efficiency on Net Interest Margin of the banks of Pakistan, India and Bangladesh. This study applies Generalized Method of Moment GMM and panel regression model to explore the impact of risk factors on net interest margin which banks face in providing immediacy. A descriptive analysis of data was performed to get sample characteristics. A set of 33, 37 and 18 banks from Pakistan India and Bangladesh respectively was selected as sample. The data were collected from annual reports of selected banks. The results show that net interest margin has negative and significant effect on the credit risk. Implicit interest payment has positive and significant impact on net interest margin. Leverage risk has significant and negative effect on the net interest margin. Management efficiency has positive and significant effect on the net interest margin. Non-interest bearing reserve also positively and significantly affects the net interest margin. These results recommend the financing policy that banks should consider specific ratios which may increase the net interest margin and also reduce the credit risk.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121426547","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: 3