Tag Archives: ARDL

MACROECONOMICS INDICATORS AND BANK STABILITY: A CASE OF BANKING IN INDONESIA

Download: PDF Abstract This paper provides new empirical evidence of the bank stability in relation to the macroeconomic indicator of Indonesia. The bank stability is first calculated using Z-score, and then regressed using Autoregressive distributive lag (ARDL) model on the macroeconomic variables i.e. Gross Domestic Product (GDP) in US dollar, Interest rates (IR) in percentage …

The Role of Stock Markets in Promoting Economic Growth in Malaysia: Islamic vis-à-vis Conventional

Download: PDF Abstract The purpose of this study is to evaluate the dynamic effects of both Islamic and conventional stock markets development on the economic growth, particularly in Malaysia. The model estimation used to explain the relationship is the autoregressive distributed lag model with the variable of FTSE BM Emas Shariah Index to represent Islamic …