the objective of this study is to model and estimate the effect of financial services in the agricultural sector of iran on the value added of this sector. moreover, since as of 1984, the interest free banking law was implemented, the effect of this change on the value added of the sector will be studied as the second objective. the model of the study consists of three tions. the volume of real...

This paper examines the relationship between UK firms’ choices over bank-based and market-based finance under different monetary conditions. The evolving financial environment facing the corporate sector provides many nonbank external finance options available as an alternative to bank finance. The paper shows that firms distributed according to their type (asset size, rating etc) have differen...

a Department of Finance and Management Science, College of Business, Washington State University, Pullman, WA 99164, United States b Shanghai Advanced Institute of Finance, Shanghai Jiaotong University, Shanghai 200030, China c School of Economics, Shanghai University of Finance and Economics, Shanghai 200433, China d Key Laboratory ofMathematical Economics of Ministry of Education, Shanghai Un...

The recent global financial crisis once again revealed the harmful effects of interest-based contracts in the conventional financial system. Islamic finance, as an alternative financial system, discourages interest rate and debt financing. This paper investigates the effects of two financial systems, namely the conventional and Islamic systems, on macroeconomic variables. To achieve this goal, ...

This study aims at determining the personality traits and investment patterns in the stock market and presenting the pattern with a behavioral finance approach. This is an applied, descriptive- survey, and cross-sectional study. The statistical population includes real investors in the Tehran Stock Exchange. The required information was collected using questionnaire and was analyzed using SPSS ...

It is very important for managers, investors and financial policy-makers to detect and analyze factors affecting financial markets to obtain optimal decision and reduce risks. The importance of market analysis and attempt to improve its behavior understanding, has led analysts to use the experiences of other professionals in the fields such as social sciences and mathematics to examine the inte...