The repercussions of the 2008 Global Financial Crisis helped to reconsider foundations used in assessing banks’ withstand potential crises. In 2009, BCBS issued a document entitled “Principles for Sound Stress Testing Practices and Supervision” as basis early evaluation performance banking institutions their ability overcome sudden shocks study aims examine Sudanese Banking Sector pass stress t...

This paper presents a model in which a high growth economy becomes susceptible to a sudden financial crisis. In the model firms are motivated to over-invest because of government subsidies and then bear the burden of the inefficiencies caused by the government distortion. We assume that the firms compensate for their losses by obtaining bank loans and domestic banks will continuously lend money...

this paper estimates the determinants of inflation in iran using a linear and non- linear regression model over the period 1959-2008. in the model specification, the conventional variables (liquidity, production and exchange rate) as well as positive and negative oil revenue shocks, monetary disequilibrium, and demand gap are considered. the results show that nonlinear time series regression mo...

a central problem ill empirical macroeconomics is to determine when and how much the exchange rate is misaligned. this paper clarifies and calculates the concept of’ the equilibrium real exchange rate, using a structural vector auto regression (var) model. by imposing long—run restrictions on a var model for iran, lour structural shocks are identified: nominal demand, real demand, supply and oi...

This article aims to examine the asymmetric money-income relationship in MIST countries. For this purpose, Hatemi-J Panel Hidden Cointegration, panel causality, FMOLS and DOLS tests were applied. Asymmetric causality test results reveal that there is a bidirectional between money supply real income. The business cycle hypothesis claims growth due income not vice versa. finding obtained as resul...

In this paper, a system reliability model subject to Dependent Competing Failure Processes (DCFP) with phase-type (PH) distribution considering changing degradation rate is proposed. When the sum of continuous and sudden exceeds soft failure threshold, occurs. The interarrival time between two successive shocks total number before hard occurring follow PH discrete distribution, respectively. ca...

Economic theories show that the direction and magnitude of the fluctuations of economic variables depend on the type and magnitude of the shocks they are faced with. Various reasons are noted for fluctuations in demands for imports, including productivity shocks. Accordingly, this research was aimed at identifying the effects of Total Factor Productivity (TFP) shocks of the agricultural sector ...