In this paper, we draw on the Hansen (1999) threshold regression model to examine the
empirical links between leverage and firm performance by means of a new threshold variable, …

A large amount of currencies has over time exhibited persistent deviations from covered
interest rate parity, resulting in non-zero cross-currency basis swap spreads. The relationship …

To examine the propagation of shocks across markets, this paper examines the dynamic
connections between three distinct markets: the credit default swaps (CDS), equities, and cross-…

This article investigates the effects of inflation on FDI in 74 countries clustered into industrialized
and developing economies. Contrary to previous studies, we show that the link between …

Purpose The threshold regression framework is used to examine the effect of foreign direct
investment on growth in Sub-Saharan Africa (SSA). The growth literature is awash with …

This paper examines the relationship between research and development (R&D) and firm
performance for a collection of Nasdaq listed firms. We employ threshold models à la Hansen (…

This paper examines the long-run impact of macroeconomic indicators such as interest rate,
foreign capital flows, exchange rate, GDP growth, inflation and trade on stock market …

Evidence shows that covered interest parity deviations have expanded over time in the EUR/USD
cross currency basis swap market – the world’s largest basis swap market – even …

In this paper, I test the long-run monetary model of exchange rates determination for a
collection of 22 Sub-Saharan African countries. My approach is in two phases. First, I perform a …

Drawing upon the experience of Africa’s largest economies, this paper examines the
phenomenon of income discrepancies in Africa and applies the combined methodologies of …