Environmental, Social, and Governance Perspectives on Economic Development in Asia最新文献_第2页

Financial Literacy: Does It Improve Well-being? A Case Study of Farmers in Khon Kaen, Thailand 金融知识:它能提高幸福感吗?泰国孔敬农民的个案研究

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029a022

Natchaya Thongrak, Surachai Chancharat, P. Kijkasiwat

引用次数: 1

Index 指数

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029a027

引用次数: 0

Interlinkages and Diversification Opportunities Among Emerging Bond Markets: BRIC and BRICS Comparison 新兴债券市场的相互联系与多元化机遇:金砖四国及其比较

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029a023

Adefemi A. Obalade, Tsepang Moeti, Vijen Moodley, Yusuf Randeree, P. Muzindutsi

{"title":"Interlinkages and Diversification Opportunities Among Emerging Bond Markets: BRIC and BRICS Comparison","authors":"Adefemi A. Obalade, Tsepang Moeti, Vijen Moodley, Yusuf Randeree, P. Muzindutsi","doi":"10.1108/s1571-03862021000029a023","DOIUrl":"https://doi.org/10.1108/s1571-03862021000029a023","url":null,"abstract":"The study evaluated the interlinkages and diversification opportunities in the context of emerging bond markets from 2007:1 to 2020:5, using the vector autoregressive (VAR) model and sub‐period analyses to compare BRIC (2007:1–2010:11) and BRICS (2010:12–2020:5) regimes. As indicated by the breaking unit‐root test, dummies for the global financial crisis and COVID‐19 were incorporated in the analyses. VAR results showed that the Indian bond market responds positively to the previous change in the Chinese bond market during the BRIC era while BRICS bond markets are mostly uninfluenced by prior behavior patterns of one another. These suggested that the diversification opportunity has been increased following the admission of South Africa to the league. In addition, variance decomposition and impulse response provide proofs to suggest that BRICS bond markets are more exogenous and independent compared to what is obtained during the BRIC period. Consequently, the authors concluded that the BRICS bloc has provided greater diversification opportunities for emerging markets’ bondholders in the recent past. © 2022 by Emerald Publishing Limited.","PeriodicalId":239396,"journal":{"name":"Environmental, Social, and Governance Perspectives on Economic Development in Asia","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127894322","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

Sin Stock Proportion and Investment Manager Education Background in Indonesian Equity Funds 印尼股票基金的股权比例和投资经理教育背景

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029a020

Taufik Faturohman, Karina Agri Widjaya, Kurnia Fajar Afgani

引用次数: 1

The Role of Money in the Monetary Policy: A New Keynesian and New Monetarist Perspective 货币在货币政策中的作用:一个新凯恩斯主义和新货币主义的视角

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029a018

Masudul Hasan Adil, N. Hatekar, T. Ghosh

{"title":"The Role of Money in the Monetary Policy: A New Keynesian and New Monetarist Perspective","authors":"Masudul Hasan Adil, N. Hatekar, T. Ghosh","doi":"10.1108/s1571-03862021000029a018","DOIUrl":"https://doi.org/10.1108/s1571-03862021000029a018","url":null,"abstract":"In the recent scenario, one of the most pertinent changes in monetary economics has been the virtual disappearance of what was once a dominant focus, the role of money in monetary policy, and in parallel, the disappearance of the LM curve. Economists used to think about issues of monetary policy with the help of the LM curve as being part of the analytical framework which captures the demand for money. However, the workhorse model of modern monetary theory and policy, the New Keynesian Dynamic Stochastic General Equilibrium framework only comprises of, a dynamic aggregate demand (or the dynamic IS) curve, an aggregate supply (or the New Keynesian Phillips) curve, and a monetary policy rule. The monetary policy rule is generally the Taylor rule that relates the nominal interest rate to the output gap and inflation gap, but typically not to either the quantity or the growth rate of money. This change in the modern monetary model reflects how the central banks make monetary policy now. The present study provides a detailed discussion on the role of money in monetary policy formulation, in the context of New Keynesian and New Monetarist perspective. The pros and cons of abandonment of money or the LM curve from monetary policy models have been discussed in detail.","PeriodicalId":239396,"journal":{"name":"Environmental, Social, and Governance Perspectives on Economic Development in Asia","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125918357","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: 2

Entrepreneurship in the Tourism Industry: Implication on Sustainable Economic Development 旅游业企业家精神:对经济可持续发展的启示

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029b030

M. Murniati, G. Maski, I. Noor, M. Ekawaty

引用次数: 6

The Impacts of Electronic Word of Mouth on the Intention of Patients to Join “In Vitro Fertilization” Program 电子口碑对患者参与“体外受精”计划意向的影响

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029b033

M. Rizal, Endang Ruswanti, M. U. Januarko

引用次数: 0

Inflation Volatility in Indonesia Using ARIMA Model: Before and During COVID-19 基于ARIMA模型的印度尼西亚通货膨胀波动:在COVID-19之前和期间

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029a024

S. Wahyudi, Rihana Sofie Nabella, K. Sari

引用次数: 0

Impact of COVID-19 Pandemic Risk and Lockdown on the Indian Economy* COVID-19大流行风险和封锁对印度经济的影响*

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029b032

S. Bhadury, Vidya Kamate, Siddhartha Nath

{"title":"Impact of COVID-19 Pandemic Risk and Lockdown on the Indian Economy*","authors":"S. Bhadury, Vidya Kamate, Siddhartha Nath","doi":"10.1108/s1571-03862021000029b032","DOIUrl":"https://doi.org/10.1108/s1571-03862021000029b032","url":null,"abstract":"The study provides medium-term estimates of recovery paths for Indian economy using a dynamic factor (DF)-based approach that employs data on high-frequency indicators a la Bhadury, Ghosh, and Kumar (2020). The DFs are used to analyze the post-pandemic recovery and convergence with its pre-COVID-19 trend for India between March 2021 and March 2022. A broad sectoral assessment of the impact of COVID-19 is also conducted. In addition, forward-looking measures based on stock returns are used to analyze the transmission of additional banking sector risks to the real sectors by constructing daily delta conditional value-at-risk (CoVaR) estimates. Our estimates based on the DFs suggest that the aggregate economic activities may catch up to the estimated pre-COVID trend by March 2021 predominantly driven by the growth in services sector. The industrial sector and consumer goods sector continue to show moderate signs of recovery. Our CoVaR estimates corroborate these findings. Banking sector transmission risk is among the lowest for services such as healthcare and information technology (IT), for both the lockdown period between March 25 and June 8, 2020, and for the latter months. The transmission risk continues to remain high for metal, oil and gas, and capital goods sector. Broadly, the evidence on forward-looking banking sector risk transmission for major sectors is in alignment with our finding on their recovery based on DF models, after easing of COVID-19 lockdown. © 2022 by Emerald Publishing Limited.","PeriodicalId":239396,"journal":{"name":"Environmental, Social, and Governance Perspectives on Economic Development in Asia","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130809687","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

Return and Volatility Linkages between Bitcoin, Gold Price, and Oil Price: Evidence from Diagonal BEKK–GARCH Model 比特币、黄金价格和石油价格之间的收益和波动关系:来自对角BEKK-GARCH模型的证据

Environmental, Social, and Governance Perspectives on Economic Development in Asia Pub Date : 2021-11-08 DOI: 10.1108/s1571-03862021000029a019

Surachai Chancharat, Julaluk Butda

引用次数: 0