This a paper uses two approaches to analyse the link between loan quality and macroeconomic performance. First evaluating the interaction between different macroeconomic factors using panel regressions second applying a ...

This paper explores the relationship between SME performance, as measured by growth in total annual sales, growth in the number of permanent full-time employees and capacity utilization, and macroeconomic factors- the ...

MSMEs are universally acknowledged as key drivers of economic growth, due to their significant contribution to production, employment and innovation (Keskin, Senturk, Sungur & Kiris, 2010). However, despite their ...

This study aims at determining the impact of income on happiness in the East African Community (EAC). Happiness is measured on a ladder from 0 to 10 where 0 is vety unhappy and 10 is vety happy while income is measured ...

This study examines whether an illiquidity premium is priced into the return process of equities. Specifically, the paper uses a liquidity augmented Fama and French (2015) five-factor model to test whether liquidity ...

This paper tests for the procyclicality of the cancer mortalities and the economic regimes for the various regions, herein outlined as per the World Bank rankings as either high income, upper middle income, lower middle ...

Developing economies in Sub Saharan Africa have become increasingly integrated into the global economy in the recent past. As such, this region has experienced a surge in inward Foreign Direct Investments (FD I). It is ...

This paper analyzes six major nominal exchange rates in Uganda, determining whether shocks in each series are transitory or permanent in the long run. We obtain results from traditional unit root tests and compare these ...