Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 323

Table of Content: October-December 2020; 12(4)

October 2020

The effect of monetary policy and inflation on the exchange rate: A case study of Ghana

The Ghanaian Cedi has recently experienced persistent depreciation against its major trading partners. This paper investigates the contribution of inflation and monetary policy in this persistent depreciation. The paper makes use of the Autoregressive Distributed Lag (ARDL) and Bounds test of cointegration and the Toda and Yamamoto (1995) Augmented Granger Causality test to determine the long and short-run dynamics of...

Author(s): Precious Wedaga Allor  

October 2020

Financial sector readiness to support economic activities under COVID-19: The case of African continent

Organizational readiness for change is considered a critical precursor to the successful implementation of complex changes. Indeed, some suggest that failure to establish sufficient readiness accounts for one-half of all unsuccessful, large-scale organizational change efforts. The African economy and the world at large are at brink of economic depression as result of devastating effect of COVID-19. However, it is...

Author(s): Winful Christian Ernest, Sarpong Jnr. David and Dondjio Irenee

October 2020

Assessment on the roles of information technology in improving the customer satisfaction and employee performance of commercial banks: The case of Dashen and United Bank Branches in Mizan-Aman, Southwestern Ethiopia

The study was conducted with the major objective of assessing the impact of IT on the performance of commercial banks in Ethiopia. In order to accomplish its general objective, the study attempted to evaluate the effects of IT on customer satisfaction, employee performance as well as bank revenue. The three dimensions were used as crucial indicators of the impact of IT on overall bank performance. Two cross-sectional...

Author(s): Tesfaye Woldu and Demelash Belay

October 2020

Corporate governance and its effects on financial performance of banks evidence from selected private commercial banks in Ethiopia

Corporate governance is not an abstract goal but exists to serve corporate purposes by providing a structure within which stockholders, directors, and management can pursue most effectively the objectives of the corporation and thereby it maximize the financial performance of the company for its shareholders. This paper investigates and examines the corporate governance and its effects on financial performance from the...

Author(s): Kefiyalew Belachew Bayu and Dagnachew Abera Hunde  

October 2020

Stability of money demand function in emerging Countries: Static and dynamic panel approaches

The purpose of this study is to investigate the stability of money demand function in emerging countries using the annual data over the period 1987 to 2018. The panel data was analyzed applying both static and dynamic panel models. With the static panel analysis, the random effect method is found to be an appropriate model to determine the factors that affect money demand in emerging countries. The findings of random...

Author(s): Teshome Berasso Tule  

October 2020

Human capital and stock market performance of some selected emerging economies

This article fills a gap of literature on the relationship between education and the stock market. We adopt the modified Calderon-Rossell model to estimate the effect of quality of human capital on Capital market. Four different techniques were used to check the robustness of the result. Of all the techniques adopted Newey-West to account for different characteristics of emerging economies turnout to be more efficient...

Author(s): Winful Christian Ernest, Sarpong Jnr. David, Hervie Dolores Mensah and Larbi Daniel

October 2020

Okun’s law: An asymmetrical approach for Zimbabwe (1991-2018)

The Okun’s law, which explains the inverse relationship between unemployment and output growth, has been observed to have broken down in most developing economies. The failure by researchers to take into account the asymmetric properties of the relationship between unemployment and output has been attributed to the limitations of the Okun’s law in explaining the inverse relationship between unemployment and...

Author(s): Tawanda Farai Keith Pasipanodya  

October 2020

Macroeconomic volatility of Turkey in comparison with South Africa and developed countries

The purpose of this study is to investigate the business cycle volatility of Turkish economy using the quarterly data over the period 1961:Q1 to 2018:Q4 and to determine the smoothing parameter, λ, of HP filter for annual frequency of observations. The macroeconomic variables such as import, investment and export are more volatile followed by government spending; while consumption and real GDP are less volatile....

Author(s): Teshome Berasso Tule