the relationship between economic growth and developments in the ‎financial sector has been one of the most discussed areas in economics ‎for a long time; and the direction of causality – whether financial ‎development causes economic growth or vice versa – is by no means a ‎settled issue.‎this paper investigates the short- run and long-run granger causality ‎between financial development and e...

Establishing the relationship between stock prices and macroeconomic variables is very important for formulating current economic stabilisation policies. This paper investigates the causal relationship between four macroeconomic variables and Dhaka Stock Exchange (DSE) stock prices using cointegration and Granger causality test. The results suggest that cointegration exists between stock prices...

the purpose of this study was to investigate the rela- tionship among self-efficacy, self-esteem, test anxiety and efl learners’ final achievement scores. a number of 72 students majoring in english literature at shiraz university participated in this study. three ques- tionnaires, general perceived self-efficacy (gpse) scale, rosenberg self-esteem scale (rses), and test anxiety questionnaire (...

the paper investigates the effects of interest rates on stock market performance by using monthly time series data for the economy of bangladesh over the period of 1991 to 2012. a wide range of econometric techniques have been employed to analyze the relationship between the interest rate and stock market return. the study reveals a stable and significant long run relationship between the varia...

This study analyses the relationship between the development of tourism industry (ARR) and foreign direct investment (FDI) in selected Asian countries namely Malaysia, Singapore, Thailand, China and Hong Kong utilizing autoregresive distributed lag approach (ARDL.) This approach allows the usage of stationary data at various levels, i.e. I(1) and I(0) and may be applied on small sample size and...