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Field: Market Dynamics and Volatility

Bivariate causality between exchange rates and stock prices in South Asia

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Russell Smyth, Mohan Nandha

Journal: Applied Economics Letters 2003
Year:
Citations: 152

This article examines the relationship between exchange rates and stock prices in Bangladesh, India, Pakistan and Sri Lanka using daily data over a six-year period from 1995 to 2001. Both the Engle–Granger two-step and Johansen cointegration methods suggest that there is no long-run equilibrium rela...

Social SciencesEconomics, Econometrics and FinanceGeneral Economics, Econometrics and Finance
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Asymmetric effects of geopolitical risks and uncertainties on green bond markets

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Yumei Tang, Xihui Haviour Chen, Provash Kumer Sarker, Sarra Baroudi

Journal: Technological Forecasting and Social ChangeYear: 2023Citations: 145
Social SciencesEconomics, Econometrics and FinanceEconomics and Econometrics
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Foreign exchange currency rate prediction using a GRU-LSTM hybrid network

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Md. Saiful Islam, Emam Hossain

Journal: Soft Computing LettersYear: 2020Citations: 143

The foreign exchange (FOREX) market is one of the biggest financial markets in the world. More than 5.1 trillion dollars are traded each day in the FOREX market by banks, retail traders, corporations, and individuals. Due to complex, volatile, and high fluctuation, it is quite difficult to guess the...

Social SciencesDecision SciencesManagement Science and Operations ResearchOpen Access
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A Systematic Review of the Causes and Consequences of Price Hikes in Bangladesh

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Md Mehedi Hasan Emon

Journal: Review of Business and Economics StudiesYear: 2023Citations: 142

This systematic review aims to examine the causes and consequences of price hikes in Bangladesh, with a particular focus on their policy implications. Methods: A comprehensive search of electronic databases was conducted, and inclusion and exclusion criteria were applied to identify relevant studies...

Social SciencesEconomics, Econometrics and FinanceEconomics and EconometricsOpen Access
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An approach to predict and forecast the price of constituents and index of cryptocurrency using machine learning

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Reaz A. Chowdhury, M. Arifur Rahman, M. Sohel Rahman, M. R. C. Mahdy

Journal: Physica A Statistical Mechanics and its ApplicationsYear: 2020Citations: 141

At present, cryptocurrencies have become a global phenomenon in financial sectors as it is one of the most traded financial instruments worldwide. Cryptocurrency is not only one of the most complicated and abstruse fields among financial instruments, but it is also deemed as a perplexing problem in ...

Physical SciencesComputer ScienceInformation SystemsOpen Access
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Connectedness among crude oil prices, stock index and metal prices: An application of network approach in the USA

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Shaiara Husain, Aviral Kumar Tiwari, Kazi Sohag, Muhammad Shahbaz

Journal: Resources PolicyYear: 2019Citations: 140

We investigate the connectedness among crude oil prices, stock index and metal prices covering the period of 1990M1-2017M3 for US economy applying time domain Spillover Index framework by Diebold and Yilmaz (2012) . We contribute to the literature by developing network-based approach generated from ...

Social SciencesEconomics, Econometrics and FinanceEconomics and Econometrics
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The nexus between oil price and stock market: Evidence from South Asia

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Farzana Alamgir, Sakib Bin Amin

Journal: Energy ReportsYear: 2021Citations: 136

We examine the interactive link between oil prices and the stock market in the 4 selected South Asian countries using a Nonlinear Autoregressive Distributed Lag (NARDL) model for 1997–2018. We find a positive relationship between the world oil price and stock market index, and the response of the st...

Social SciencesEconomics, Econometrics and FinanceEconomics and EconometricsOpen Access
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Asymmetric effects of climate policy uncertainty, geopolitical risk, and crude oil prices on clean energy prices

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Provash Kumer Sarker, Elie Bouri, Chi Keung Lau Marco

Journal: Environmental Science and Pollution ResearchYear: 2022Citations: 132

We investigate the asymmetric effects of climate policy uncertainty (CPU), geopolitical risk (GPR), and crude oil prices (WTI) on the realized volatility of the returns of clean energy prices (CEP) in the USA. Using the non-linear autoregressive distributed lags (NARDL) model on data from January 20...

Social SciencesEconomics, Econometrics and FinanceEconomics and Econometrics
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Dynamic nonlinear connectedness between the green bonds, clean energy, and stock price: the impact of the COVID-19 pandemic

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Shanglei Chai, Wenjun Chu, Zhen Zhang, Zhilong Li et al.

Journal: Annals of Operations ResearchYear: 2022Citations: 132

This paper uses weekly data from July 01, 2011 to July 09, 2021 to examine the dynamic nonlinear connectedness between the green bonds, clean energy, and stock price around the COVID-19 outbreak in the global markets. By building a time-varying parameter vector autoregression model (TVP-VAR), the co...

Social SciencesEconomics, Econometrics and FinanceEconomics and EconometricsOpen Access
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Deep learning-based exchange rate prediction during the COVID-19 pandemic

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Mohammad Zoynul Abedin, Mahmudul Hasan Moon, M. Kabir Hassan, Petr Hájek

Journal: Annals of Operations ResearchYear: 2021Citations: 132

This study proposes an ensemble deep learning approach that integrates Bagging Ridge (BR) regression with Bi-directional Long Short-Term Memory (Bi-LSTM) neural networks used as base regressors to become a Bi-LSTM BR approach. Bi-LSTM BR was used to predict the exchange rates of 21 currencies agains...

Social SciencesDecision SciencesManagement Science and Operations ResearchOpen Access
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Impact of COVID-19 pandemic on stock markets: Conventional vs. Islamic indices using wavelet-based multi-timescales analysis

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Md. Bokhtiar Hasan, Masnun Mahi, M. Kabir Hassan, Abul Bashar Bhuiyan

Journal: The North American Journal of Economics and FinanceYear: 2021Citations: 130

We empirically explore the effect of the COVID-19 pandemic on Islamic and conventional stock markets from a global perspective. We also explore the co-movement between Islamic and conventional stock markets. Two comparable pairs of conventional and Islamic stock indices – Dow Jones Index and FTSE In...

Social SciencesEconomics, Econometrics and FinanceEconomics and EconometricsOpen Access
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Energy consumption and economic growth in Brazil, Mexico and Venezuela: a time series analysis

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Benjamin S. Cheng

Journal: Applied Economics LettersYear: 1997Citations: 126

Applying recently developed techniques of cointegration and Hsiao's version of Granger causality to three Latin countries (Brazil, Mexico, and Venezuela), this study finds no causal linkages between energy consumption and economic growth for both Mexico and Venezuela using the trivariate models. How...

Social SciencesEconomics, Econometrics and FinanceEconomics and Econometrics
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Dynamic Relationship between Stock Prices and Exchange Rates: Evidence from Three South Asian Countries

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Md. Lutfur Rahman, Jashim Uddin

Journal: International Business ResearchYear: 2009Citations: 122

In this paper we have investigated the interactions between stock prices and exchange rates in three emerging countries of South Asia named as Bangladesh, India and Pakistan. We have considered average monthly nominal exchange rates of US dollar in terms of Bangladeshi Taka, Indian Rupee and Pakista...

Social SciencesEconomics, Econometrics and FinanceGeneral Economics, Econometrics and FinanceOpen Access
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Energy-GDP Relationship: A Causal Analysis for the Five Countries of South Asia

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Zahid Asghar

Journal: SSRN Electronic JournalYear: 2008Citations: 122

We investigate the causal relationship between GDP and different types of energy consumption for the five South Asian Countries; Pakistan, India, Sri Lanka, Bangladesh and Nepal by using Error Correction Model and Toda and Yamamoto(1995) approach. For Pakistan evidence shows that there is unidirecti...

Social SciencesEconomics, Econometrics and FinanceEconomics and EconometricsOpen Access
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Interdependence and dynamic linkages between the emerging stock markets of South Asia

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Paresh Kumar Narayan, Russell Smyth, Mohan Nandha

Journal: Accounting and FinanceYear: 2004Citations: 111

Abstract The present article examines the dynamic linkages between the stock markets of Bangladesh, India, Pakistan and Sri Lanka using a temporal Granger causality approach by binding the relationship among the stock price indices within a multivariate cointegration framework. We also examine the i...

Social SciencesEconomics, Econometrics and FinanceEconomics and Econometrics
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