IRJFE Issue 26

IRJFE Issue 26

International Research Journal of Finance and Economics

Issue 26
April, 2009

Corporate Yield Spread and Transparency Spread: An Empirical Examination	7-20
Tarek Chebbi

The Efficacy of Model-Based Volatility Forecasting: Empirical Evidence in Taiwan	21-33
Shyh-Weir Tzang, Chih-Hsing Hung and So-De Hsyu

Role of Public Expenditures and Macroeconomic Uncertainty in Determining Private Investment in Large Scale Manufacturing Sector of Pakistan	34-40
Imtiaz Ahmad and Abdul Qayyum

Fitch, Moody's and S&P's Sovereign Ratings and EMBI Global Spreads: Lessons from 1993-2007	41-59
Norbert Gaillard

Monetary Stability and Performance in the Commercial Banking Industry of Emerging Markets	60-72
Abdullah M. Al-Obaidan

Default Spread and Credit Spread: Empirical Evidence from Structural Model	73-82
Tarek Chebbi

An Empirical Analysis of Price Discovery, Causality and Forecasting in the Nifty Futures Markets	83-92
Kailash Chandra Pradhan and K. Sham Bhat

Globalization and International Marketing Ethics Problems	93-104
Recep Yücel, Halil Elibol and Osman Dağdelen

The Stock Market Spillover Channels in the 1997 Asian Financial Crisis	105-133
Kuan-Min Wang and Yuan-Ming Lee

Is the International Transmission of Business Cycle Fluctuation Asymmetric? Evidence from a Regime-Dependent Impulse Response Function	134-143
Chien-Fu Chen

Modelling Bond Duration and Convexity Under Interest Rate and Time to Maturity Variations	144-147
Fernando Llano-Ferro

The Weighted Average Cost of Capital (WACC) for Firm Valuation Calculations	148-150
Fernando Llano-Ferro

Exchange Rates, Interest Rates, and Inflation Rates in Indonesia: The International Fisher Effect Theory	151-169
Siti Rahmi Utami and Eno L. Inanga

Deceptive Unity: Surprising Characteristics of Pre-Tax Corporate Profit Forecasts	170-177
Markus Spiwoks

Foreign Direct Investment and Stock Market Development: Ghana's Evidence	178-185
Anokye M. Adam and George Tweneboah

Testing for Long Memory in ISE Using ARFIMA-FIGARCH Model and Structural Break Test	186-191
Turhan Korkmaz, Emrah İsmail Çevik and Nesrin Özataç

Is there any Comovement Between Stock Markets of Turkey, Russia and Hungary?	192-200
Ismail Aktar