Estimating Changing Significance of Determinants of FII Flows to India over Different Time Periods in a Vector Autoregressive Framework Using Daily Data

This paper aims at exploring the causal relationship between net foreign institutional investment flows to the Indian equity market with its possible covariates based on daily data for the period September . . .

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Tamal Datta Chaudhuri, Bidisha Mukhopadhyay, Payal Maskara
Pages : 156-168
Volume 2 , Issue 4
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On Asset Allocation’ Studies for Sovereign Wealth Funds

The objective of this work is to analyze, after a review of the economic literature reference, the role of Sovereign Wealth Funds in the economy and in particular in asset allocation choices. In fact, . . .

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Marco Mele
Pages : 169-180
Volume 2 , Issue 4
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Econometric Analysis on the Impact of Capital Market Performance on the Nigerian Economy

This study investigates the impact of stock market performance on economic growth in Nigeria. Time series data from 1980-2002 on market capitalization, value of shares traded, all share index, average . . .

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Okwuchukwu Odili, Ikenna Jude Ezeudu
Pages : 181-190
Volume 2 , Issue 4
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Factors Influencing Choice of Source of Business Finance By Small and Medium Enterprises: A Survey of Thika Municipality

Finance is regarded as one of the crucial prerequisites for economic development. Hence, access to credit as far as producers are concerned is an important factor since it provides external finance. Majority . . .

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Douglas M. Rosana, Willy Muturi
Pages : 191-207
Volume 2 , Issue 4
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Zimbabwean Government Initiatives for Widening Revenue Base: A Comparison of the Existing and Proposed Income Tax Act

The existing legislation is based on geographical boundaries within or outside Zimbabwe (source based). The proposed Income Tax Act Chapter23:13 intends to widen the tax base by adopting the residence . . .

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Eukeria Mashiri, Lilian Nyamwanza, Charity Mhaka
Pages : 208-214
Volume 2 , Issue 4
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